German stock exchange

Delivery Hero out of the Dax

The Berlin-based company is no longer operationally active on the German market.
IMAGO / Bihlmayerfotografie
The Berlin-based company is no longer operationally active on the German market.

As expected by many experts, the food delivery service Delivery Hero is descending to the MDax. This was communicated by Deutsche Börse.

Only a few months after its relegation from the Dax, consumer goods manufacturer Beiersdorf will return to the top stock market league - also as expected.


Deutsche Börse will implement the changes on Monday, June 20. They are particularly important for funds that track indices in real terms (physically replicating ETFs). There, rebalancing and rebalancing must then be carried out accordingly, which can have an impact on share prices.

Delivery Hero, headquartered in Berlin, recently reported a significant increase in sales in the first quarter. Operationally, however, the DAX-listed company remained in the red. Although the company is based in Germany, it is not directly active in the German restaurant delivery market, although the company has invested a higher sum in the food delivery service Gorillas.

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