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Delivery Hero buys parts from Central American Hugo app

2021-10-14T07:10:14.191Z

Delivery Hero expands with a takeover in Central America. Delivery Hero wants to buy the food delivery and quick commerce business of service provider Hugo, according to a press release. The other services of the app such as digital payments, transport services or tickets for sporting events are excluded. A purchase price was not mentioned.



The delivery service Delivery Hero expands with a takeover in Central America.

Delivery Hero wants to buy the food delivery and quick commerce business of service provider Hugo, according to a press release.

The other services of the app such as digital payments, transport services or tickets for sporting events are excluded.

A purchase price was not mentioned.

Berlin - Hugo is active in Guatemala, El Salvador, Honduras, Nicaragua, the Dominican Republic and Jamaica.

With the exception of the latter, Delivery Hero is already represented in all other markets with its Pedidosya brand in Central America.

Despite the high losses, the group is on an aggressive expansion course.

dpa

Source: merkur

All news articles on 2021-10-14

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