Uber Technologies agrees to acquire Delivery Hero SE in a deal valued at $14.8 billion, according to reports from Bloomberg and NDTV. The transaction is described as expanding Uber’s reach in food delivery by adding Delivery Hero’s operations. NDTV says the combined company would increase its global presence to 99 markets across Asia, Latin America, and the Middle East, indicating a broader geographic footprint. Bloomberg frames the announcement primarily around the purchase agreement and the company valuation of Delivery Hero at $14.8 billion. Both sources align on the core terms: Uber’s acquisition of Delivery Hero and the deal value. The reports do not provide additional details on financing structure, expected timeline, or regulatory approvals in the provided text. The acquisition is positioned as part of Uber’s efforts to strengthen and scale its food-delivery business internationally by incorporating Delivery Hero’s existing presence and network.
Uber to Acquire Delivery Hero in $14.8 Billion Deal
Uber Technologies agrees to acquire Delivery Hero SE in a deal valued at $14.8 billion, according to reports from Bloomberg and NDTV. The transaction is described as expanding Uber’s reach in food del...
- Uber agrees to acquire Delivery Hero SE.
- The deal value is $14.8 billion.
- The acquisition aims to expand Uber’s global food-delivery footprint.
- One report says the combined presence would cover 99 markets across Asia, Latin America, and the Middle East.
- The announcements focus on the purchase agreement and Delivery Hero’s valuation.
Uber agrees to acquire Delivery Hero for 14.8 billion dollars, expanding its global food delivery presence to 99 markets across Asia, Latin America, and the Middle East.
4 hours agoUber Technologies Inc. has agreed to buy Delivery Hero SE in a deal that values the German food-delivery company at $14.8 billion.
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