Uber Launches $14.8 Billion Takeover Bid for Delivery Hero
Uber has launched a public takeover offer for German food delivery firm Delivery Hero, valuing the company at $14.8 billion, as part of its strategy to expand its global delivery footprint.
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Uber has initiated a public takeover offer for German food delivery company Delivery Hero, valuing the target firm at approximately $14.8 billion (£12.7 billion), according to a report by Sowetan Live. The move underscores Uber's strategic push to strengthen its international food delivery operations.
The proposed acquisition, confirmed on July 16, 2026, positions Uber to expand affordable and reliable delivery services across key emerging markets. In a statement cited by Channels Television, Uber CEO Dara Khosrowshahi emphasized the broader economic potential of the merger, stating it would "extend affordable, reliable delivery to many millions more people in some of the world's most dynamic economies, while creating more opportunities for merchants and couriers."
The transaction, structured as a public offer, reflects Uber's ambition to consolidate its presence in the global delivery sector, leveraging Delivery Hero's established logistics network across Europe, Asia, and the Middle East. The $14.8 billion valuation highlights the continued strategic importance of food delivery platforms in the broader mobility and logistics ecosystem.
As of July 16, 2026, no further details on regulatory approvals or expected closing timelines were disclosed in the source material. The bid represents one of the largest cross-border transactions in the food delivery sector this year.