Bloomberg's Natalie Lung joins Dani Burger on "Bloomberg Deals." Uber has offered to take over Delivery Hero in a deal that would value the German delivery company at about $11.6 billion as it seeks to ramp up competition with DoorDash outside the US. (Source: Bloomberg)
Uber Technologies Inc. bought out Aspex Management’s shares of Delivery Hero SE, boosting its stake to 36.83% as the ride-hailing company negotiates a deal to buy the German food-delivery platform.
Signage outside Uber headquarters in San Francisco, California, US, on Monday, Feb. 2, 2026. Uber Technologies Inc. is scheduled to release earnings figures on February 4.
European shares advanced as oil declined, with the US and Iran inching toward a deal to end the nearly-three-month war. Italian stocks notched a fresh record.
Prosus NV has asked the European Union to drop a requirement that it sell shares in Delivery Hero SE, part of antitrust approval for its acquisition of another delivery platform, people familiar with the matter said.
The headquarters of Delivery Hero SE in Berlin. Photographer: Krisztian Bocsi/Bloomberg
Uber Technologies Inc. has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about €10 billion ($11.6 billion) as it seeks to ramp up competition with DoorDash Inc. outside the US.
UberEats and Delivery Hero SE's Foodpanda food delivery bags on motorcycles in Taipei, Taiwan, on Tuesday, May 14, 2024. Uber Technologies Inc. is buying Foodpanda business in Taiwan for $950 million.
Uber Technologies Inc. is exploring options for a full takeover of Delivery Hero SE, people familiar with the matter said, a move that would help it better compete with DoorDash Inc. outside the US.
Uber signage on a scooter in the Brooklyn borough of New York.
Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.
The headquarters of Delivery Hero SE in Berlin, Germany, on Sunday, Aug. 21, 2022. Delivery Hero is among the biggest gainers in the Stoxx Europe 600 Index this quarter, up 46% since June 30, as the company takes out some of investors’ most dire concerns one by one.
Signs that Delivery Hero SE may be preparing to sell more assets have powered the beaten-down stock to the best week since its 2017 listing.
The headquarters of Delivery Hero SE in Berlin, Germany, on Sunday, Aug. 21, 2022. Delivery Hero is among the biggest gainers in the Stoxx Europe 600 Index this quarter, up 46% since June 30, as the company takes out some of investors’ most dire concerns one by one.
Niklas Östberg, the chief executive officer of German food delivery company Delivery Hero SE, will step down after an activist investor that’s called for him to leave raised its stake in the company.
Delivery Hero CEO Niklas Östberg Photographer: Krisztian Bocsi/Bloomberg
Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
The Delivery Hero AG logo sits on display as an employee speaks on a fixed-line telephone inside the company's headquarter offices in Berlin, Germany, on Friday, Dec. 8, 2017. Delivery Hero competes with app-based takeout services including Just Eat Plc, GrubHub Inc. and Takeaway.com. Photographer: Krisztian Bocsi/Bloomberg
Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).
The Delivery Hero logo. Photographer: Krisztian Bocsi/Bloomberg
Delivery Hero SE’s biggest shareholder Prosus NV is considering selling a roughly 10% stake to Aspex Management, the delivery food company’s No. 2 holder, people familiar with the matter said, a move that would heap pressure on management to push ahead with asset sales.
Grab Holdings Ltd. agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for $600 million, a deal that marks its first foray outside of its Southeast Asian base.
Signage for Delivery Hero SE's Foodpanda in Taipei, Taiwan, on Tuesday, May 14, 2024. Uber Technologies Inc. is buying Foodpanda business in Taiwan for $950 million.
Grab Holdings Ltd. agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for $600 million, a deal that marks its first foray outside of its Southeast Asian base.
Signage for Delivery Hero SE's Foodpanda in Taipei, Taiwan, on Tuesday, May 14, 2024. Uber Technologies Inc. is buying Foodpanda business in Taiwan for $950 million.
Delivery Hero SE’s second-largest shareholder, Aspex Management, is threatening to try and replace the food delivery company’s management if it doesn’t push ahead with the sale of certain assets.
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