Uber’s planned acquisition of Delivery Hero is shaping up to be one of the biggest business stories in Europe news this week. The US transport and delivery group has secured support from Delivery Hero for a cash offer that values the Berlin-based company at €13 billion, a move that could reshape food delivery and quick commerce across Europe, Asia, Latin America and the Middle East.
The proposed deal underlines how fiercely competitive the global delivery market has become, while also giving the story strong relevance for ireland news and wider irish news audiences tracking major European mergers, tech expansion and cross-border investment.
Europe news: What Uber is offering for Delivery Hero
Uber has offered €41.50 per share in cash for all Delivery Hero shares, placing the German group’s total value at €13 billion. After factoring in Uber’s existing stake, the transaction is valued at roughly €12 billion, or about $13.7 billion.
Delivery Hero operates in more than 60 markets and has grown far beyond standard restaurant delivery. The company has also pushed into quick commerce, promising rapid delivery of smaller items and everyday essentials. If approved, the takeover would significantly widen Uber’s international delivery footprint and deepen its presence in key markets including:
- South Korea
- Italy
- Saudi Arabia
- United Arab Emirates
- Argentina
Uber says the combined business would operate in 99 countries and create the world’s largest mobility and delivery platform by scale.
Why this matters for Germany and global delivery markets
The agreement is about more than size. Uber has committed not to make changes to Delivery Hero’s Berlin workforce until at least 2029, an important point for German employees and policymakers. It also pledged to invest €2 billion in Germany through 2031, focusing on corporate jobs, business growth and autonomous vehicle partnerships with the country’s automotive sector.
That investment promise makes this a standout development in Europe news, especially at a time when governments are closely watching foreign takeovers, technology jobs and long-term industrial commitments.
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Delivery Hero, SSW Partners and the next steps
Alongside the takeover plan, Delivery Hero has agreed to sell operations in 14 markets where it overlaps with Uber Eats to SSW Partners for around €1.4 billion. That sale only happens if Uber’s main acquisition goes through.
Several conditions still need to be met before the transaction can close:
- Uber must secure at least 50% plus one share of Delivery Hero’s outstanding capital, including shares it already holds.
- Regulators must approve the transaction.
- Shareholders must review the formal offer documentation.
Prosus, Delivery Hero’s largest shareholder, has already committed to tender its shares, giving Uber an economic interest of about 53% if the process proceeds as expected. Delivery Hero’s management and supervisory boards have also signalled support, subject to the final offer document.
What executives are saying
Uber CEO Dara Khosrowshahi said the combination would bring affordable and reliable delivery to millions more people while creating new opportunities for merchants and couriers. Delivery Hero CEO and co-founder Niklas Oestberg described Uber as the right partner to build on the company’s local delivery strengths and innovation in quick commerce.
Together, the two companies generated gross bookings worth $236 billion in 2025, highlighting the sheer scale behind the deal. Uber also expects the acquisition to improve earnings per share after closing, with a high single-digit percentage lift by the third year.
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FAQs on the Uber-Delivery Hero deal
How much is Uber paying for Delivery Hero?
Uber is offering €41.50 per share in cash, valuing Delivery Hero at €13 billion.
When could the takeover be completed?
The deal is expected to be finalised in the second half of 2027, subject to approvals and shareholder acceptance.
Will jobs in Berlin be affected?
Uber has said it will not make changes to Delivery Hero’s Berlin workforce until at least 2029.
Conclusion
This Europe news story could become a defining moment for the global delivery sector. If regulators and shareholders approve the plan, Uber’s takeover of Delivery Hero would create a far larger international platform, strengthen Germany’s role in the sector and mark another major consolidation move with implications well beyond Europe.
