Uber has reached an agreement to acquire Delivery Hero in a $14.8 billion all-stock deal, which will nearly double its global presence across Europe, Asia, the Middle East, and Latin America. Following the acquisition, Uber is expected to have one of the largest food delivery platforms outside of China. Additionally, Delivery Hero will divest its operations in 14 markets to SSW Partners for $1.6 billion. The transaction is subject to regulatory scrutiny and requires acceptance by at least 50% of Delivery Hero's outstanding shares. According to Uber CEO Dara Khosrowshahi, the merger will significantly enhance the company's mobility and delivery service offerings.

Share on Facebook Share on X Share on LinkedIn Share on Reddit Share over Email Copy Share Link

In Brief

Posted:

10:12 AM PDT · July 16, 2026

Image Credits: Budrul Chukrut / SOPA Images / LightRocket / Getty Images

Kirsten Korosec

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

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 to 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 sell its 17% stake as well, according to the announcement.

If the deal closes, Uber will essentially double its footprint, putting it in a better position to compete with DoorDash and Just Eat.

“Together, we’ll nearly double the number of markets where we offer both mobility and delivery services, scaling a proven platform that we believe will create significant long-term value for our customers and shareholders,” Uber CEO Dara Khosrowshahi said in a statement.

Topics

Commerce, delivery, Delivery Hero, eCommerce, In Brief, Transportation, Uber

Event Logo

November 4

Boston

Last chance to save up to $190 on TechCrunch Founder Summit. Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.

Savings end June 26, 11:59 p.m. PT.

REGISTER NOW