SIGNED, SEALED, DELIVERED
Talabat acquires Instashop for $32 million ahead of IPO
Instashop will continue to operate as an independent brand while leveraging Talabat’s expansive network for delivery of food and grocery items
A Talabat driver rides his motorcycle in heavy evening traffic in Sharjah (Getty Images)
Share
Talabat has completed the acquisition of Instashop for $32 million, consolidating the two major UAE-based food and grocery delivery brands under one company.
Both companies are controlled by German parent Delivery Hero, which initiated the merger as part...