Uber Acquires Delivery Hero for $14.8B | Tech News

Uber just agreed to buy Delivery Hero for $14.8 billion, nearly doubling its global footprint and launching into 100 new markets across Europe, the Middle East, Latin America, and Asia. In a separate deal, Delivery Hero will sell its operations in 14 overlapping markets to SSW Partners for $1.6 billion, clearing the way for a smoother integration. The all-stock transaction, backed by Prosus, positions Uber as the world’s second-largest delivery player—after China—to directly challenge rivals like DoorDash and Just Eat. This bold move aims to scale Uber’s delivery ecosystem globally, combining rides and food services in more places than ever before, while regulators watch closely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e74384e6f7e3b11