Berlin. (dhh) Delivery Hero Holding S.E., the world’s leading local delivery platform, may ultimately face a fine that may exceed EUR 400 million for alleged anti-competitive agreement to share national markets, exchanges of commercially sensitive information and no-poach agreements. Therefore, the Management Board decided that the Company intends to significantly increase a corresponding provision already built (as indicated in Delivery Hero’s 2023 annual report) in the amount of EUR 186 million following unannounced inspections carried out by the European Commission in July 2022 and November 2023. The intent to increase the provision is based on recent informal engagement with the European Commission and subsequent detailed analysis. Delivery Hero intends to fully cooperate with the European Commission as it did during the unannounced inspections in July 2022 and November 2023.
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