Uber's $14.8B Bid for Delivery Hero Expands Global Food-Delivery Empire

Uber has agreed to acquire Germany's Delivery Hero for $14.8 billion, offering €41.50 per share. The deal combines Uber Eats with Delivery Hero brands like foodpanda and talabat, expanding across dozens of global markets.

Why it matters: To address competition concerns, Delivery Hero's operations in 14 overlapping countries will be sold to SSW Partners for $1.6 billion, with the takeover expected to close in the second half of 2027.