Food Delivery

Delivery Hero sells Foodpanda Taiwan to Grab for $600m as strategic review raises questions for Talabat and HungerStation

Mar 23, 2026

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5 min read

Delivery Hero sells Foodpanda Taiwan to Grab for $600m as strategic review raises questions for Talabat and HungerStation

The framing of the deal as a "first step" in a JPMorgan-supported review leaves the door open to further portfolio reshaping.

Jamie Lane

Public Markets

Talabat proposes share buyback after stock drops more than 50% from IPO price

Mar 17, 2026

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3 min read

Talabat proposes share buyback after stock drops more than 50% from IPO price

The buyback, subject to shareholder approval at the company's annual general meeting on April 13, would be executed over up to two years through open-market transactions on the DFM.

Jamie Lane

Food Delivery

Careem confirms full service restoration after overnight AWS migration

Mar 3, 2026

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2 min read

Careem confirms full service restoration after overnight AWS migration

The super app's rides, Hala, and payments services went down with Sunday's AWS outage.

Jamie Lane

Food Delivery

Talabat posts $9.5B in GMV and $464M net income for 2025, but shares remain ~54% below IPO high

Feb 20, 2026

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3 min read

Talabat posts $9.5B in GMV and $464M net income for 2025, but shares remain ~54% below IPO high

The Dubai-listed delivery platform grew users 19% to 7.6 million and partners 22% to 84,000, while recommending $421 million in total dividends. The board has approved a $100M+ investment plan for 2026.

Jamie Lane

Food Delivery

Talabat posts strong Q3 while newly acquired Instashop still struggles to keep pace

Nov 14, 2025

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2 min read

Talabat posts strong Q3 while newly acquired Instashop still struggles to keep pace

Talabat’s core delivery engine continues to expand at pace, though Instashop’s recovery remains uneven following its USD 32 million acquisition earlier this year.

Jamie Lane

Food Delivery

Jahez and noon link up to create Saudi Arabia’s first all-in-one delivery network

Nov 4, 2025

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2 min read

Jahez and noon link up to create Saudi Arabia’s first all-in-one delivery network

Both companies say the move is about speed, choice, and convenience. In reality, it’s also about domestic survival.

Jamie Lane

Food Delivery

talabat names Toon Gyssels as CEO, Tomaso Rodriguez moves to Board

Oct 17, 2025

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2 min read

talabat names Toon Gyssels as CEO, Tomaso Rodriguez moves to Board

Gyssels previously spent four years at talabat as COO and Interim CEO, where he helped scale operations across MENA, launched Q-commerce and cloud kitchen verticals, and strengthened the platform’s logistics network.

Jamie Lane

Morocco

Ora Technologies acquires Cathedis to bring last-mile delivery in-house

Sep 8, 2025

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2 min read

Ora Technologies acquires Cathedis to bring last-mile delivery in-house

Founded in 2023 by Omar Alami, Ora’s super-app bundles P2P payments, an e-commerce marketplace, on-demand services, chat, and social networking into a single platform.

Jamie Lane

Food Delivery

Noon eyes dual IPO listing in Saudi Arabia and UAE within two years

Sep 8, 2025

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2 min read

Noon eyes dual IPO listing in Saudi Arabia and UAE within two years

The vehicle will back firms at the growth and pre-IPO stage through a mix of equity and secondary transactions, prioritising businesses with scalable platforms and alignment to Saudi Vision 2030’s digital transformation agenda.

Jamie Lane

Results

Talabat H1 revenue up 35% to $982m as GMV climbs 32% to $2.4bn

Aug 14, 2025

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3 min read

Talabat H1 revenue up 35% to $982m as GMV climbs 32% to $2.4bn

Performance was driven by demand across both Food and Grocery & Retail, reflecting accelerated customer acquisition and higher order frequency.

Jamie Lane

Results

Jahez H1 profit up 38% to SAR 58.9M, Q2 earnings dip on softer margins

Aug 10, 2025

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3 min read

Jahez H1 profit up 38% to SAR 58.9M, Q2 earnings dip on softer margins

Revenue grew 7% to SAR 1.09 billion, driven by higher total orders, improved average order value, stronger take rates, and sharp growth in advertising and other revenue streams.

Jamie Lane

Food Delivery

What led to Ebrahim Al-Jassim’s exit from HungerStation in 2019

Jul 4, 2025

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4 min read

What led to Ebrahim Al-Jassim’s exit from HungerStation in 2019

A detailed look at HungerStation’s 2019 leadership transition, the legal dispute between Delivery Hero and Ebrahim Al-Jassim, and the rise of Ninja as one of Saudi Arabia’s first q-commerce unicorns.

Jamie Lane