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|Germany’s Delivery Hero strengthens Asia presence with $5.24-billion deal for South Korea’s Woowa Subscriber content|
Germany’s Delivery Hero agreed a $5.24-billion deal to buy South Korea’s top food delivery app owner Woowa Brothers, ratcheting up consolidation in the industry as it expands in Asia’s fast-growing but crowded market. The deal, announced on Friday by Woowa, follows a wave of others in the rapidly expanding sector but is the biggest so far.
Posted: 2019-12-13 20:40:00
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