TechCrunch·3 min read·medium
Uber’s $14.8B Delivery Hero deal would nearly double its global footprint
K
Kirsten Korosec
✦AI Summary
Uber has agreed to acquire Delivery Hero in an all-stock deal valued at $14.8 billion to expand its global delivery footprint. The acquisition, which faces regulatory scrutiny, would significantly increase Uber's market presence across Europe, the Middle East, Latin America, and Asia.
After weeks of speculation, Uber officially agreed to acquire Delivery Hero, a purchase that will take the ride-hailing and delivery giant’s status to new heights, and nearly 100 markets across Europe, the Middle East, Latin America, and Asia.
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