Permira, Affinity Equity and GS Retail to acquire Yogiyo from Delivery Hero for $685m.

Permira Advisers, Affinity Equity Partners and GS Retail, an operator of a chain of retail stores, agreed to acquire Yogiyo, a mobile and online food delivery platform, from Delivery Hero, an online food-delivery service, for $685m. The closing of the transaction is expected before the end of 2021. The acquisition will create synergy by integrating GS Retail's 16k retail outlets, including convenience stores, with Yogiyo's online delivery business.