Delivery Hero board backs Uber’s $15B takeover bid
If approved, the combined company would become one of the largest food delivery platforms in the world.
If approved, the combined company would become one of the largest food delivery platforms in the world.
Uber has agreed to acquire Delivery Hero in a $14.8 billion all-stock deal that would nearly double the company’s global footprint and create one of the world’s largest food-delivery platforms outside China.
Back in February, Uber announced ambitious plans to launch in seven new European markets in 2026 — but now five of those launches are reportedly on hold.
Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.