Uber nears €12.5bn deal to acquire Delivery Hero
- Posted on July 15, 2026
- By Financial Times
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- 1 min read
Uber is advancing toward a transformative acquisition of Delivery Hero, valued at approximately €12.5 billion, marking a significant consolidation in the competitive food delivery sector. As part of the strategic deal, Delivery Hero will divest its Turkish operations and select European markets to alternative investors, streamlining the combined entity's geographic footprint. This acquisition represents Uber's continued expansion beyond ride-sharing into the lucrative food delivery market, strengthening its position against competitors like DoorDash and local delivery platforms across multiple regions.
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