Naspers puts $775 mn in food delivery startup Delivery Hero
South Africa-based media investment conglomerate Naspers has invested $775 million in Germany-based on-demand food delivery startup, Delivery Hero. The startup, which has a market capitalisation of $6.8 billion, also raised over $420 million in funding from Naspers, earlier in May. The recent investment has raised Naspers' ownership in the startup to 26.3%.