Talabat IPO
Talabat Holding plc, the leading on-demand delivery platform in MENA, plans to list on the Dubai Financial Market (DFM). Delivery Hero intends to sell 15% of Talabat, or 3.49 billion shares, potentially raising over $1 billion—making it one of the UAE’s largest IPOs this year. In September 2024, Talabat served 6 million active customers and partnered with over 65,000 vendors, supported by 119,000 riders. Operating in eight MENA countries, Talabat covers an addressable market of 71 million, offering investors a stake in its expansive and growing market presence.
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How Allocation
Works?
No Guarantees
xCube cannot guarantee that each client will receive the number of shares requested.
At allocation, you may receive the full number of shares requested, a partial amount, or none at all.
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If partial shares are received, the exact number of shares will be reflected directly in the portfolio section and any remaining funds will be refunded to your account.
