Uber to Acquire Germany-Based Delivery Hero in $14.8 Billion Deal

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Uber is making its biggest determination yet successful planetary nutrient delivery.

The institution announced Thursday that it has agreed to get Germany-based Delivery Hero successful a transaction valued astatine astir $14.8 billion, a woody that would importantly grow Uber Eats' planetary scope and make a combined mobility and transportation level operating crossed 99 countries.

Together, the companies generated astir $236 cardinal successful gross bookings successful 2025 connected a pro forma basis.

The statement brings immoderate of the world's largest transportation brands nether the Uber umbrella, including Delivery Hero's foodpanda, Glovo, PedidosYa, talabat, HungerStation, and South Korea's Baedal Minjok. Uber said it volition get businesses spanning 50 markets that generated astir $42 cardinal successful gross bookings past year.

"Delivery Hero's talented squad has built an bonzer business, with beloved section brands and starring positions crossed galore of the world's fastest-growing transportation markets," Uber CEO Dara Khosrowshahi said successful a statement. "By bringing our platforms together, we volition widen affordable, reliable transportation to galore millions much radical successful galore of the world's astir dynamic economies, portion creating much opportunities for merchants and couriers."

Delivery Hero CEO and cofounder Niklas Östberg called the operation the close adjacent measurement for the institution aft 15 years of growth.

"We are excited astir this accidental with Uber and the possibilities it offers for our employees, shareholders, and partners," Östberg said. "Uber's planetary mobility and transportation level and our shared committedness to innovation marque this the close concern to physique connected Delivery Hero's strengths successful section nutrient transportation and Quick Commerce."

Uber expects the bigger web to amended lawsuit choice, fortify merchant request done its advertizing and commerce tools, and make much earning opportunities for couriers by expanding bid density.

As portion of the agreement, Uber committed to maintaining Delivery Hero's Berlin office and preserving its section workforce done astatine slightest 2029. The institution besides pledged to put astir $2.3 cardinal successful Germany implicit the adjacent 5 years to grow its operations, firm workforce, autonomous conveyance initiatives, and partnerships with the country's automotive industry.

The transaction remains taxable to shareholder support and regulatory clearances and is expected to adjacent during the 2nd fractional of 2027.

The determination is simply a continuation of planetary consolidation successful the transportation space. DoorDash antecedently spent $3.9 cardinal to get U.K.-based Deliveroo and $8.1 cardinal to bargain Finland-based Wolt.

The station Uber to Acquire Germany-Based Delivery Hero successful $14.8 Billion Deal appeared archetypal connected FSR magazine.