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South Korea becomes Asia's best-performing stock market in H1 2025, as shares rise following President Lee Jae-myung's pledge to allow won-based stablecoins (Song Jung-a/Financial Times)

Song Jung-a / Financial Times : South Korea becomes Asia's best-performing stock market in H1 2025, as shares rise following Presiden...

30 January 2024

Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards (Yasemin Craggs Mersinoglu/Financial Times)

Yasemin Craggs Mersinoglu / Financial Times:
Berlin-based Delivery Hero plans to sell 68.2M shares of Deliveroo, or a ~4.5% stake worth ~£83M, and does not expect to hold any Deliveroo stock afterwards  —  Sector has been coming under increasing pressure to demonstrate profitability as cost of capital has risen

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