Talabat Falls in Dubai Debut

Delivery Hero’s Talabat Starts Trading in Dubai, Set to Be Largest Tech IPO in the Region
The stock traded around 1.70 U.A.E. dirham compared with its initial public offering price of 1.60 dirham announced on Nov. 29.
Talabat plunges over 7.5% in Dubai trading debut after $2bn IPO
Talabat Holding’s shares opened at Dhs1.70, higher than the price at which Germany’s Delivery Hero sold 4.7 billion shares last month.
Shares of Delivery Hero sink as unit Talabat debuts on Dubai Market
Investing.com -- Shares of Delivery Hero fell over 10% on Tuesday as its unit, Talabat, made its debut on the Dubai Financial Market, raising $2 billion in its initial public offering.
Talabat launches on Dubai Financial Market after $2bn IPO, shares fall 7%
Talabat’s listing maintains Dubai’s stellar IPO pipeline, with the total value of funds raised on DFM in 2024 reaching AED10.48bn ($2.9bn) while the market ranked as the best performing regional market for the second year in a row.
Talabat debuts on Dubai Financial Market in largest tech IPO this year
Talabat's landmark initial public offering ("IPO" or the "Offering"), which raised gross proceeds of c. AED 7.5 billion (c. USD 2.0 billion) through the offering of 20% of the Company's total issued share capital, is the largest global technology IPO in 2024, the largest IPO in the GCC this year, and the first ever technology sector IPO on DFM.
Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent Delivery Hero on Friday priced the offering at the top end of an earlier indicated range.
Delivery Hero's Talabat Sets Dubai IPO Offer Price At Top End
Talabat is to raise about $2 billion from its IPO this year, after Delivery Hero priced the offering at the top end of the indicated range.
Delivery Hero's Talabat Starts Trading in Dubai, Set to Be Largest Tech IPO in the Region
Shares in Delivery Hero's Middle East subsidiary Talabat have reversed direction and are currently trading lower as the company debuts on the Dubai stock exchange, but remain set to be the largest global technology IPO in the region.
Delivery Hero's Talabat subsidiary begins trading on Dubai exchange
Shares in Delivery Hero's Middle East subsidiary Talabat began trading in Dubai on Tuesday. The Germany-based food delivery platform is raising around $2 billion through Talabat Holding's initial public offering (IPO) on the Dubai stock exchange.
Talabat Drops in Dubai Debut After Gulf’s Biggest 2024 IPO
Talabat Holding Plc gave up early gains in the food delivery firm’s trading debut to turn negative after raising more than $2 ...
Delivery Hero’s Talabat Prices IPO at Top End of Range; Values Firm at $10.1 Billion
Delivery Hero’s Talabat priced its Dubai initial public offering at the top end of the previously announced range, implying a ...
Europe stocks close lower to snap eight-session winning streak; Delivery Hero down 12%
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Talabat Rises in Dubai Debut After Gulf’s Biggest IPO for 2024
Talabat Holding Plc advanced in its Dubai trading debut after raising more than $2 billion in the largest initial public ...