17-July-2026
Corporate News
 
Uber Launches $14.8 Billion Offer for Delivery Hero to Create Global Platform
16-Jul-2026

Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-16/uber-launches-14-8-billion-takeover-bid-for-delivery-hero
 
 
 

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