Logo ofNinja
Saudi quick-commerce startup Ninja has emerged as one of the top bidders for Delivery Hero’s assets, after the Financial Times reported that it is studying the acquisition of HungerStation in Saudi Arabia, in addition to its interest in stakes in Talabat. 
The newspaper explained that Ninja is focusing on HungerStation due to the ease of integrating its operations, while sources told Asharq TV that the company is working with several investment banks as part of its efforts to complete the potential transaction.
These developments come at a time when Delivery Hero owns 100% of HungerStation and an 80% stake in Talabat, amid reports indicating shareholder interest in transactions that could value the two assets at around €10 billion.
According to analysts surveyed by Argaam, the potential deal could represent a significant transformation in the delivery and quick-commerce market in the Kingdom, bringing opportunities for growth and expansion alongside challenges related to financing, operational integration and regulatory approvals.
Logo ofNinja
Saudi quick-commerce startup Ninja has emerged as one of the top bidders for Delivery Hero’s assets, after the Financial Times reported that it is studying the acquisition of HungerStation in Saudi Arabia, in addition to its interest in stakes in Talabat.
The newspaper explained that Ninja is focusing on HungerStation due to the ease of integrating its operations, while sources told Asharq TV that the company is working with several investment banks as part of its efforts to complete the potential transaction.
These developments come at a time when Delivery Hero owns 100% of HungerStation and an 80% stake in Talabat, amid reports indicating shareholder interest in transactions that could value the two assets at around €10 billion.
According to analysts surveyed by Argaam, the potential deal could represent a significant transformation in the delivery and quick-commerce market in the Kingdom, bringing opportunities for growth and expansion alongside challenges related to financing, operational integration and regulatory approvals.
