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Quartz·1 min read·easy

Uber is acquiring German food delivery giant Delivery Hero in a $14.8 billion deal

Cris Tolomia
AI Summary

Uber has announced a $14.8 billion acquisition of the German food delivery company Delivery Hero. The deal is set to expand Uber's platform reach to 99 markets globally.

The offer of €41.50 per share expands Uber's combined platform to 99 markets with $236 billion in gross bookings

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