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BRIEF-Delivery Hero wants to raise capital for consolidation
April 24, 2017 / 2:35 PM / 5 months ago

BRIEF-Delivery Hero wants to raise capital for consolidation

April 24 (Reuters) - Rocket Internet Se

* Delivery Hero CEO says core marketplace business already turned profitable in 2016; Foodora, Foodpanda still making loss

* Delivery Hero could finance Foodora, Foodpanda from profits from core business and has enough cash to maintain expansion

* Delivery Hero CEO says wants to raise capital, possibly from IPO, so ready for consolidation in sector Further company coverage: (Reporting by Frankfurt Newsroom)

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