Uber has reached an agreement to acquire German takeaway company Delivery Hero in a $14.8 billion deal, creating a global food delivery giant. The US tech firm offered €41.50 per share, valuing the business at $14.8bn after accounting for previous purchases of a quarter of Delivery Hero’s shares.
Key Takeaways
Uber has agreed to acquire German food delivery firm Delivery Hero for $14.8 billion, creating a global food delivery giant. The deal will combine Uber Eats with Delivery Hero’s brands across 99 countries.
- Uber offers €41.50 per share for Delivery Hero, valuing the company at $14.8bn
- Deal combines Uber Eats with Delivery Hero's brands in 99 countries
- SSW Partners to buy Delivery Hero operations in 14 markets for $1.6bn
- Uber pledges €2bn investment in Germany and retains Berlin HQ until at least 2029
- Transaction expected to close in the second half of 2027
Source Claims Check
1 Difference Found| Claim | Status | Reason | |
|---|---|---|---|
| Per-share Offer Price | 1 Difference | The Guardian and TimesLIVE differ on the amount offered by Uber. | ▼ |
| Deal Value | Broad Agreement | $14.8bn valuation for Delivery Hero | |
| Deal Completion Timeline | Broad Agreement | Deal expected to close in second half of 2027. |
The acquisition will combine Uber Eats with Delivery Hero’s brands across 99 countries, including Asia’s foodpanda, Latin America’s PedidosYa, and talabat in the Middle East. The combined company booked $236bn in orders in 2025. However, Uber will not acquire Delivery Hero’s operations in 14 countries where it already has a strong presence, which will instead be bought for $1.6bn by SSW Partners.
The deal is expected to face regulatory scrutiny due to the overlap in the companies’ presence. Delivery Hero’s board and executives unanimously support the takeover and intend to recommend it to shareholders. Prosus, a major shareholder with a 17% stake, has committed to selling its shares to Uber.
Uber plans to maintain Delivery Hero’s headquarters in Berlin and make no changes to its workforce until at least 2029. The company also pledged to invest €2bn in Germany over the next five years. The deal is expected to close in the second half of 2027, pending regulatory approval.
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