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Africa: Uber Agrees $15b Deal for Delivery Hero to Create Global Takeout Giant

The deal would expand Uber’s delivery footprint and remove overlap with Uber Eats in 14 markets, while closing is expected by the end of 2026.

  • Uber Technologies agreed to acquire German food-delivery company Delivery Hero in a $14.8 billion cash transaction, almost doubling the number of countries where Uber operates.
  • Strengthening its position against DoorDash and Just Eat, Uber gains about $42 billion in annual gross bookings and around 60 million monthly active users while expanding into North Africa and French-speaking African markets.
  • Uber's offer represents a premium of about 34% to Delivery Hero's three-month average share price, while Prosus will sell its nearly 17% stake in Delivery Hero to satisfy European regulators.
  • To address competition concerns, Delivery Hero agreed to sell operations in several markets to New York investment firm SSW Partners for about $1.6 billion, with the transaction expected to close in the second half of 2027.
  • Global consolidation of the food delivery industry continues with this acquisition, as the combined companies would have generated about $236 billion in gross merchandise value in 2025, following moves by DoorDash, Wolt, and Deliveroo.
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Uber has signed an agreement to acquire Delivery Hero, the German food delivery group, for $14.8 billion. The deal will allow the US company to take over PedidosYa in Argentina, the delivery market where Delivery Hero has been present since 2014, when it acquired the Uruguayan firm.

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ddaily.co.kr broke the news on Friday, July 17, 2026.
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