Uber in Advanced Talks to Acquire German Food Delivery Giant Delivery Hero
Uber Technologies is in advanced negotiations to acquire German food-delivery company Delivery Hero, with a deal potentially finalized as soon as this week. Uber already holds a 36.8% economic interest in Delivery Hero, which has a market value of about €11.2 billion. The acquisition would expand Uber Eats into Europe, the Middle East, Asia, and Latin America, but may face antitrust scrutiny. Delivery Hero confirmed the talks on July 14, 2026, after a Bloomberg report.
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Uber to Acquire Germany-Based Delivery Hero in $14.8 Billion Deal
Uber announced a $14.8 billion deal to acquire Germany-based Delivery Hero, significantly expanding Uber Eats' global footprint. The acquisition brings major delivery brands like foodpanda, Glovo, PedidosYa, talabat, HungerStation, and Baedal Minjok under Uber's umbrella, creating a combined platform operating across 99 countries. The companies generated roughly $236 billion in gross bookings in 2025 on a pro forma basis. Uber CEO Dara Khosrowshahi highlighted the deal's potential to extend affordable delivery to dynamic economies. Delivery Hero CEO Niklas Östberg called it the right next step after 15 years of growth. Uber committed to maintaining Delivery Hero's Berlin headquarters and workforce through at least 2029 and investing $2.3 billion in Germany. The transaction is subject to shareholder and regulatory approvals, expected to close in the second half of 2027. The move follows industry consolidation, including DoorDash's acquisitions of Deliveroo and Wolt.
Uber to Acquire Germany-Based Delivery Hero for $14.8 Billion
Uber announced plans to acquire Germany-based food delivery giant Delivery Hero for $14.8 billion, a move that will roughly double Uber's delivery footprint to 99 markets globally. The deal, long anticipated, brings together two of the world's largest delivery companies. In a separate transaction, Delivery Hero is selling its operations in 14 overlapping markets to New York-based SSW Partners for $1.6 billion. Uber will retain Delivery Hero's operations in 50 markets across Asia, Europe, Central and South America, Africa, and the Middle East, including brands like Foodpanda, Glovo, and Talabat. The combined business generated $236 billion in gross bookings last year. Uber CEO Dara Khosrowshahi highlighted expansion into Korea and the Middle East as key opportunities. Delivery Hero, founded in 2011 and publicly traded since 2017, has seen growth slow recently. Uber already owns about 25% of Delivery Hero. The deal may face regulatory scrutiny due to overlaps in nearly 60 markets, but Uber executives expressed confidence, noting the overlap is between Uber's rides business and Delivery Hero's delivery operations, not direct delivery competition. Uber stock rose 1% following the announcement.
Uber Agrees to $15 Billion Acquisition of Delivery Hero
Uber has agreed to a nearly $15 billion bid to acquire German-based Delivery Hero, a move that will create the largest food-delivery group outside of China. Uber CEO Dara Khosrowshahi stated that the transaction will double the number of markets where Uber offers mobility and delivery services, and will create a denser network. The acquisition marks a significant consolidation in the global food-delivery industry, positioning Uber to compete more aggressively against rivals like DoorDash and Just Eat Takeaway. The deal is expected to face regulatory scrutiny in multiple jurisdictions due to its scale and market impact.
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Uber to acquire Delivery Hero in $14.8bn deal
Uber Technologies has signed a business combination agreement to acquire German food-delivery company Delivery Hero in a deal valued at $14.8bn. Under the voluntary takeover offer, Uber will pay Delivery Hero shareholders €41.50 per share in cash. The combined entity will become the largest food-delivery group outside China, operating in 99 markets with a pro-forma gross merchandise value of $236bn in 2025. Separately, Delivery Hero agreed to sell assets in 14 markets to New York-based SSW Partners for about $1.6bn, subject to the Uber deal's completion. Uber will acquire several Delivery Hero brands including Baedal Minjok (South Korea), Hungerstation (Saudi Arabia), foodora (Hungary), foodpanda (nine Asian markets), talabat (eight Middle Eastern countries), Glovo (17 markets), and PedidosYa (13 Latin American markets). Uber has committed to retain Delivery Hero's Berlin headquarters and workforce until at least 2029 and invest €2bn in Germany over five years. The takeover requires a minimum acceptance threshold of 50% plus one share of Delivery Hero's outstanding capital. Uber already held 24.77% of Delivery Hero's voting shares before the offer.
Uber to acquire Delivery Hero in $14.8bn deal
Uber Technologies has signed a business combination agreement to acquire German food-delivery giant Delivery Hero in a deal valued at $14.8bn. Under the voluntary takeover offer, Uber will pay Delivery Hero shareholders €41.50 per share in cash. The combined entity will become the largest food-delivery group outside China, spanning 99 markets with a pro-forma GMV of $236bn in 2025. Separately, Delivery Hero agreed to sell assets in 14 markets to New York-based SSW Partners for about $1.6bn, subject to Uber's takeover completion. Uber will acquire brands including Baedal Minjok (South Korea), Hungerstation (Saudi Arabia), foodora (Hungary), foodpanda (nine Asian markets), talabat (eight Middle Eastern countries), Glovo (17 markets), and PedidosYa (13 Latin American markets). Uber committed to retain Delivery Hero's Berlin headquarters and workforce until at least 2029 and invest €2bn in Germany over five years. The deal requires a minimum acceptance threshold of 50% plus one share of Delivery Hero's outstanding capital. Uber already held 24.77% of Delivery Hero's voting shares directly and additional economic exposure through derivatives.
Uber acquires Delivery Hero in $14.8 billion deal
Uber has agreed to acquire Berlin-based food delivery company Delivery Hero in a deal valued at $14.8 billion, the companies announced on July 16, 2026. The voluntary takeover offer is €41.50 per share in cash, representing a 127% premium over Delivery Hero's unaffected three-month volume-weighted average share price prior to May 8, 2026. The acquisition will expand Uber's combined mobility and delivery footprint from 79 to 99 markets, with the number of markets operating both services nearly doubling from 34 to 58. In a separate transaction, investment firm SSW Partners will acquire Delivery Hero's businesses in 14 markets for approximately $1.6 billion. Prosus, holding the second-largest stake in Delivery Hero, has agreed to tender its approximately 17% stake. Uber's total economic interest in Delivery Hero would reach about 53% when combined with its existing direct stake and equity derivatives. The deal is expected to close in the second half of 2027, pending regulatory approvals. Uber has committed to keeping Delivery Hero's Berlin headquarters open and its German workforce unchanged through at least 2029, with €2 billion earmarked for investment in Germany by 2031.
Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business
Uber Technologies has agreed to acquire Germany's Delivery Hero in a deal valued at approximately $14.8 billion, paying €41.50 per share in cash. Uber already held a significant stake of about 24.8% voting rights and additional economic interests. The transaction has unanimous support from Delivery Hero's boards, and major shareholder Prosus has committed to tendering its 17% stake. However, Delivery Hero shares traded below the offer price due to expectations of a lengthy antitrust review, with Jefferies forecasting completion in the second half of 2027. The deal is part of ongoing consolidation in the global food delivery industry, following DoorDash's acquisition of Deliveroo and Prosus' takeover of Just Eat Takeaway.com. For Uber, the acquisition would expand its operations to over 60 countries.
Uber launches US$14.8 billion takeover bid for Delivery Hero
On July 16, 2026, Uber launched a public takeover offer for German food delivery company Delivery Hero, valuing the target at approximately US$14.8 billion. The move is part of Uber's strategy to expand its food delivery network internationally. The announcement was made in Berlin and reported by The Business Times, citing Reuters as the source. The bid represents a significant consolidation effort in the global food delivery market, combining Uber's ride-hailing and delivery platform with Delivery Hero's extensive European and international operations.
Uber launches US$14.8 billion takeover bid for Delivery Hero
On July 16, 2026, Uber launched a public takeover offer for German food delivery company Delivery Hero, valuing the target at approximately US$14.8 billion. The move is part of Uber's strategy to expand its food delivery network internationally. The announcement was made in Berlin and reported by The Business Times, citing Reuters as the source. The bid represents a significant consolidation effort in the global food delivery market.
Uber in $15 billion deal for Delivery Hero to create global takeout giant
Uber agreed to acquire Germany's Delivery Hero at an equity value of $14.8 billion, creating the largest food-delivery group outside China. The deal aims to help Uber better compete with Just Eat (owned by Prosus) and DoorDash. The combined platform would span 99 countries with a pro-forma gross merchandise value of $236 billion in 2025. To ease antitrust concerns, Delivery Hero will sell operations in 14 markets to U.S. investment firm SSW Partners for about €1.4 billion. Major shareholder Prosus also agreed to sell its nearly 17% stake. The transaction is expected to close in the second half of 2027, with analysts predicting a 'long slow march' through regulatory review.
Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
Uber is close to acquiring German food delivery company Delivery Hero in a deal valued at approximately €12.5 billion ($14.34 billion), according to the Financial Times. Delivery Hero confirmed it is in advanced negotiations with Uber. The deal would expand Uber Eats' network across Europe, the Middle East, Asia, and Latin America but may face antitrust scrutiny due to operational overlaps. To mitigate regulatory concerns, Delivery Hero plans to sell its Turkish unit Yemeksepeti and several European operations to an investment firm. The deal could be announced as early as Thursday, with Uber offering roughly €41 per share. Terms remain subject to change. Uber had previously approached Delivery Hero in May with a €38 per share offer that was deemed too low by investors.
Delivery Hero confirms advanced negotiations with Uber over potential takeover offer
Delivery Hero confirmed on July 14, 2026, that it is in advanced negotiations with Uber Technologies regarding a potential takeover offer, following a Bloomberg News report. The deal would likely value Delivery Hero well above its recent trading price of around 36 euros per share, with the company having gained about 62% this year to a market value of roughly 11.2 billion euros ($12.8 billion). Uber had previously approached Delivery Hero in May with a 38 euros per share offer that investors deemed too low. Acquiring Delivery Hero would expand Uber Eats' footprint in Europe, the Middle East, Asia, and Latin America, but could face antitrust scrutiny due to overlapping operations. Uber has been diversifying beyond ride-hailing into food delivery, grocery, travel, and hotel bookings. Delivery Hero shares closed 5.76% higher at 39.10 euros, while Uber shares fell nearly 2%.
Delivery Hero Confirms Advanced Negotiations with Uber Over Potential Takeover
Delivery Hero announced on July 14, 2026, that it is in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports. The deal could value Delivery Hero well above its recent trading price of around 36 euros per share, with the company's market value at roughly 11.2 billion euros ($12.8 billion). Uber had previously approached Delivery Hero in May with a 38 euros per share offer that investors deemed too low. Acquiring Delivery Hero would expand Uber Eats' food-delivery network in Europe, the Middle East, Asia, and Latin America, but may attract antitrust scrutiny due to overlapping operations. The talks come amid industry consolidation driven by slowing growth and intense competition. Uber has also been diversifying beyond ride-hailing into food delivery, grocery, travel, and local commerce. Uber's shares fell nearly 2% while Delivery Hero shares rose 5.76% to 39.10 euros.
Uber in Advanced Talks to Acquire Delivery Hero
Uber Technologies is in advanced negotiations to acquire German food-delivery company Delivery Hero, according to a Bloomberg report. The companies aim to finalize a takeover agreement as soon as this week. A potential transaction would likely value Delivery Hero above its recent trading price of around €36 per share, following Uber's previous offer of €33 per share. Uber already holds a 24.99% stake in Delivery Hero and additional derivatives bringing its total economic interest to about 36.8%. Shares of Delivery Hero rose nearly 6% on the news, while Uber shares fell about 2%. Neither company has publicly confirmed an agreement, and negotiations could still change or fail.
Uber in Advanced Talks to Acquire Delivery Hero
Uber Technologies Inc is in advanced talks to acquire German food-delivery company Delivery Hero, according to a Bloomberg report. The companies aim to finalize a takeover agreement as soon as this week. A potential transaction would likely value Delivery Hero above its recent trading price of around €36 per share, after Uber previously approached with an offer of €33 per share. Uber already holds a 24.99% stake in Delivery Hero, with additional derivatives bringing its total economic interest to about 36.8%. Following the report, Delivery Hero shares rose nearly 6%, while Uber shares fell about 2%. Neither company has publicly confirmed an agreement, and negotiations could still fail.
Uber in Advanced Talks to Acquire Delivery Hero
Uber Technologies is reportedly in advanced negotiations to acquire Delivery Hero, a German food delivery company. Uber aims to reach an agreement as soon as this week. Uber has already built a shareholding of 24.99% in Delivery Hero, and through derivatives, its total interest amounts to approximately 36.8%. The potential acquisition would significantly expand Uber's presence in the global food delivery market. The report was published by The Business Times on July 14, 2026, citing unnamed sources familiar with the matter.