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Uber plans to acquire German delivery company Delivery Hero for approximately $14.8 billion in one of the largest food delivery deals worldwide. Uber will pay €41.5 per share, and the combined entity's operations will expand to 99 countries, with projected revenues of $236 billion by 2025. To address regulatory concerns, Delivery Hero will sell its operations in 14 markets for €1.4 billion, and it will commit to maintaining its headquarters in Berlin until 2029, investing €2 billion in Germany over five years. The deal is expected to be completed in the second half of 2027, pending necessary regulatory approvals.
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