Three European food delivery stocks, Delivery Hero, Just Eat, and Deliveroo, lost a combined $23.7B, more than half their market value, in the first quarter (Henry Ren/Bloomberg)

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Henry Ren / Bloomberg:

Three European food delivery stocks, Delivery Hero, Just Eat, and Deliveroo, lost a combined $23.7B, more than half their market value, in the first quarter  —  In a market gripped by concerns over rising interest rates and soaring inflation, investors are avoiding European food delivery companies …



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