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Just Eat rival scoops 50m investment

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The investment was led by a 6 billion dollar global investment fund with existing shareholders also participating in the round.

The company will invest the funds in its core markets, with a focus on strengthening hungryhouse in the UK and Lieferheld in Germany.

The new round of capital brings the overall investment in Delivery Hero to over $285 million.

Hungryhouse MD Scott Fletcher comments: We are in a strong position in the UK and this investment will further boost our growth. The additional capital will be invested into growing our number of restaurant partners and improving the service we offer our customers.

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