Uber’s $14.8B Delivery Hero deal would nearly double its global footprint

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In Brief

10:12 AM PDT · July 16, 2026

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.

German-based Delivery Hero also made a separate agreement to sell its business in 14 markets, where Uber Eats is already operating, to New York-based investment firm SSW Partners for $1.6 billion.

The $14.8 billion all-stock acquisition isn’t a done deal yet. The purchase will make Uber’s delivery platform one of the largest in the world, at least the largest outside of China, and will likely face regulatory scrutiny. And Uber, which was already the largest shareholder of Delivery Hero, has set a minimum acceptance threshold of 50% plus one share of Delivery Hero’s outstanding share capital. Prosus, another major shareholder, has agreed to...

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