Uber Eyes Massive Delivery Hero Deal | Business and Finance News

Uber is poised to make a blockbuster move by acquiring Delivery Hero in an all-stock deal worth $14.8 billion, expanding its global delivery footprint into nearly 100 new markets across Europe, the Middle East, Latin America, and Asia. The deal also includes the sale of Delivery Hero’s operations in 14 overlapping markets to SSW Partners for $1.6 billion, streamlining Uber’s global footprint. If approved — pending regulatory hurdles and shareholder thresholds — the acquisition could nearly double Uber’s delivery and ride markets worldwide, positioning it as a top-tier global player rivaling DoorDash and Just Eat, while boosting long-term value under CEO leadership. 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/be2acf8d6a8c9959