Uber, Naver, and Alibaba Hire Advisers for Woowa Brothers Acquisition Valued at $5.8 Billion

GateNews
UBER-0.16%
BABA-4.31%
AT0.51%
HERO3.31%

According to Chosun Daily, Uber, Naver, and Alibaba have hired advisers for due diligence as Delivery Hero weighs a sale of Woowa Brothers, the Seoul-based operator of Baedal Minjok food delivery app. The deal could reach about 8 trillion won, or roughly $5.8 billion. Investors are also discussing a possible Uber-Naver consortium to bid for the asset.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments