Uber secures two-thirds stake in Germany's Delivery Hero
Uber has acquired 66.56% of Delivery Hero, a Berlin-based food delivery company, for €41.50 per share. The deal is pending regulatory approval and is expected to close in the second half of 2027. Delivery Hero operates globally but has sold its German business.
How this was made
The 30-second read
Why it matters
The acquisition creates a combined entity with extensive global coverage, potentially unlocking synergies and scale economies.
Market read
A major cross‑border M&A that could reshape the competitive landscape of online food delivery.
What to watch
Potential antitrust scrutiny in Europe and the impact of Delivery Hero's loss‑making status on post‑deal earnings.
Background
Uber seeks to strengthen its position in the food‑delivery market through a controlling stake in Delivery Hero.
Ticker impact
Uber announced it now holds 66.56% of Delivery Hero after its takeover offer.
likely upside as market prices in the acquisition premium and growth potential
The disclosed stake and pending merger clearance represent a material corporate action that should lift Uber's valuation.
Market effects
Consolidation in the global food‑delivery sector, potential competitive pressure on rivals.
European and Asian delivery markets may see strategic shifts as Uber expands its footprint.
Large‑cap M&A could influence broader logistics and tech‑stock sentiment.
Counterpoint
Deal could face regulatory hurdles, delaying value realization and exposing Uber to integration risk.
Key entities
- CompanyUber Technologies Inc.
US ride‑hailing and logistics firm acquiring Delivery Hero.
- CompanyDelivery Hero SE
German‑origin food‑delivery platform operating worldwide.





