Uber to buy Germany’s Delivery Hero in $14.8bn global deal
Summary
Uber has agreed to buy the German food delivery company Delivery Hero for $14.8 billion. This deal will create a large global food delivery business operating in 99 countries, combining Uber Eats with Delivery Hero's brands.Key Facts
- Uber will pay €41.50 per Delivery Hero share, valuing the company at $14.8 billion.
- Uber already owns 25% of Delivery Hero shares and will pay $13.7 billion after accounting for this.
- The deal includes Delivery Hero’s brands like foodpanda (Asia), PedidosYa (Latin America), and talabat (Middle East).
- Uber won’t buy Delivery Hero's operations in 14 countries, which will be sold to private equity firm SSW Partners for $1.6 billion.
- Delivery Hero does not operate in the UK, where Uber Eats is a major food delivery service.
- The combined business handled $236 billion in orders in 2025.
- Uber will keep Delivery Hero’s headquarters in Berlin and keep its workforce unchanged until at least 2029.
- The deal is expected to close in the second half of 2027 and Uber plans to invest €2 billion in Germany over five years.
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