Uber to acquire Delivery Hero for $14.8 billion, expanding global reach
7 verified5 unconfirmed1 contested
Uber has reached an agreement to acquire German food delivery company Delivery Hero in a deal valued at $14.8 billion, combining Uber Eats with Delivery Hero’s brands across nearly 100 countries. The deal includes a separate sale of Delivery Hero’s operations in 14 markets where Uber Eats already operates to New York-based investment firm SSW Partners for $1.6 billion. Uber was already the largest shareholder of Delivery Hero, and major shareholder Prosus has agreed to sell its 17% stake. The acquisition is expected to face regulatory scrutiny and will roughly double Uber’s global footprint for both mobility and delivery services. Delivery Hero’s board and executives unanimously supported the takeover. Uber has said it will maintain Delivery Hero’s headquarters in Berlin and make no workforce changes until at least 2029. The deal is expected to close in the second half of 2027.
What’s verified
Uber agreed to acquire Germany’s Delivery Hero in a deal valued at $14.8 billion.
Delivery Hero will separately sell its operations in 14 markets to SSW Partners for $1.6 billion.
Uber was already the largest shareholder of Delivery Hero, and Prosus has committed to sell its 17% stake.
The deal will combine Uber Eats with Delivery Hero brands including foodpanda, PedidosYa, and talabat.
The acquisition is expected to face regulatory scrutiny.
Uber CEO Dara Khosrowshahi said the deal will nearly double the number of markets where Uber offers both mobility and delivery services.
Delivery Hero’s board and executives unanimously supported the takeover.
Where accounts differ
One source describes the acquisition as an all-stock deal, while the other does not specify the payment method but notes a valuation of $14.8 billion and an actual payment of $13.7 billion after accounting for Uber’s previous share purchases. The sources do not directly contradict but offer different levels of detail on the financial structure.
Not yet confirmed
One source reports that Uber will not acquire Delivery Hero’s operations in 14 specific countries and that those will be bought by SSW Partners; the other source only says 14 markets are being sold to SSW Partners without naming them.
One source states Uber will maintain Delivery Hero’s Berlin headquarters, make no workforce changes until at least 2029, and invest €2 billion in Germany over five years; the other source does not include these commitments.
One source mentions a minimum acceptance threshold of 50% plus one share of Delivery Hero’s outstanding capital; the other does not.
One source says Uber will offer taxi services and delivery in 58 markets after the deal, up from 34, and that users of both services spend three times more; the other does not.
One source reports that Delivery Hero founder Niklas Östberg agreed in May to leave the company under pressure from activist investors; the other does not mention this.
Key figures
Dara Khosrowshahi – Chief Executive, Uber
Kristin Skogen Lund – Chair of Delivery Hero’s supervisory board
Niklas Östberg – Founder, Delivery Hero
Sources: The Guardian, TechCrunch
