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Jul 16, 2026
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Uber Bids $14.8 Billion for Delivery Hero

OBBM Network Editorial Staff
July 16, 2026
Uber Bids 14 8 Billion For Delivery Hero

Uber has launched a public takeover offer for Delivery Hero, a German food delivery company, valuing it at around $14.8 billion. The offer is part of Uber’s efforts to expand its food delivery network abroad.

Uber will offer 41.50 euros ($47.58) in cash per share, with the acquisition conditional on a minimum acceptance threshold of 50% plus one share. Major shareholder Prosus has agreed to sell its stake of just under 17% in the food delivery company.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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