Business · 1h ago
Uber to acquire Delivery Hero for $14.8B, expanding food delivery reach
Uber has agreed to buy Delivery Hero in a $14.8 billion all-stock deal, nearly doubling its global footprint. The acquisition would create one of the world's largest food delivery platforms outside China. The move consolidates Uber's position in the competitive food delivery market.
Meridian48 take
The deal signals Uber's aggressive bet on food delivery consolidation, but regulatory hurdles and integration challenges could temper the promised scale benefits.
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Uber’s $14.8B Delivery Hero deal would nearly double its global footprint →
TechCrunch
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