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.
15 Articles
15 Articles
20 school children die in Uganda, Uber buys Glovo for $15bn, Somalia's cabinet fights over chamber of commerce
1. Uber agrees to buy Delivery Hero, pulling Glovo's African operations under one ownerUber launched a $14.8 billion all-cash offer on July 16 for Germany's Delivery Hero at €41.50 a share, a premium of about 34 percent, in a deal that would fold Glovo's operations across Kenya, Nigeria, Uganda, Morocco, Tunisia, Côte d'Ivoire and Ghana into Uber's network. Uber, already Delivery Hero's largest shareholder, needs acceptances from holders of at l…
Africa: Uber Agrees $15b Deal for Delivery Hero to Create Global Takeout Giant
Uber agreed to acquire Germany's Delivery Hero in a deal valuing the food delivery company at $14.8 billion, creating the world's largest food delivery platform outside China and expanding its reach to 99 markets.
Uber to take over Foodora in Hungary as part of huge USD 15 billion acquisition
Uber is set to become the new owner of Foodora Hungary after agreeing to acquire German food delivery giant Delivery Hero in a USD 14.8 billion (EUR 12.7 billion) deal. The acquisition will significantly expand Uber’s global food delivery business and strengthen its position against major competitors such as DoorDash and Prosus.Continue reading
The US firm launched a global offer by the German Delivery Hero group. The transaction seeks to consolidate a distribution giant and reconfigure the local map of shipping platforms, where delivery providers expect definitions in the midst of labor reform.
Uber to acquire Glovo Kenya in Sh1.95 trillion deal
Ride-hailing and delivery company Uber is set to acquire Glovo Kenya as part of a global deal to buy Delivery Hero’s food delivery business in about 50 markets across Africa, Asia, the Middle East and Latin America. The transaction, valued at about Sh1.95 trillion, will see Uber take over several well-known delivery brands owned by Berlin-based Delivery Hero, including Glovo, foodpanda, HungerStation, talabat and Pedidos Ya. The acquisition incl…
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