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Uber to Buy Delivery Hero for $15B | Tech News

Uber to Buy Delivery Hero for $15B | Tech News

Published 13 hours ago
Description

Uber is set to acquire Delivery Hero in a $15 billion deal that could reshape global food delivery, merging two giants to create the world’s largest player outside China and giving Uber a major edge against rivals like DoorDash and Just Eat Takeaway. With board approval and key investors like Prosus on board, the deal—requiring at least 51% of Delivery Hero’s shares—signals Uber’s serious push for dominance, while also clearing the way for strategic exits in overlapping markets. This isn’t an isolated move—it’s part of a wave of consolidation sweeping the industry, from Uber’s Getir buyout to Grab’s Foodpanda acquisition and DoorDash’s Deliveroo purchase.

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