Uber in $15b deal for Delivery Hero

. Reuters July 17, 2026 Less than a minute read BERLIN: Uber agreed on Thursday to buy Germany's Delivery Hero at an equity value of $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition from US and European rivals. The acquisition advances the US ride-hailing firm's efforts to build a global food-delivery business that can better compete with Just Eat, owned by Dutch group Prosus and US rival DoorDash, which has been expanding aggressively. It is likely to face a complex regulatory process as the combination would create a platform spanning 99 countries.