Delivery Hero board backs Uber s $15B takeover bid

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Published: 2026-09-03T01:16:04.005Z • Permanent link

Uber's $15 billion takeover bid for Delivery Hero has been backed by the German food delivery company's board of directors, according to a report by TechCrunch. The deal, which was first announced in April, would see Uber acquire Delivery Hero's operations in Europe, the Middle East, and Africa. The acquisition would mark a significant expansion of Uber's presence in the European market, where the company has been facing increased competition from rival food delivery services such as Just Eat and Takeaway.com.

Key to the deal is Uber's ability to leverage its existing network of delivery partners and logistics infrastructure to support Delivery Hero's operations. In a statement to TechCrunch, a Delivery Hero spokesperson said that the acquisition would enable the company to "accelerate its growth strategy" and "improve its competitiveness in the European market." Uber, meanwhile, has touted the acquisition as a key part of its efforts to expand its food delivery business globally.

The deal has been met with skepticism by some analysts, who have expressed concerns about the potential integration challenges and the impact on competition in the European food delivery market. However, Uber has maintained that the acquisition is a key part of its strategy to become the dominant player in the global food delivery market.

The proposed acquisition of Delivery Hero by Uber would have significant implications for the global food delivery market, which has been growing rapidly in recent years. According to a report by Euromonitor International, the global food delivery market is expected to reach $150 billion by 2025, with the European market accounting for a significant share of that growth.

The acquisition would also have implications for research communities studying the impact of food delivery services on local economies and public health. Studies have shown that food delivery services can have a significant impact on local economies, with some research suggesting that the growth of food delivery services can lead to increased economic activity and job creation. However, other studies have raised concerns about the potential negative impacts of food delivery services on public health, including increased rates of obesity and decreased physical activity.

In terms of markets, the proposed acquisition would have significant implications for the European food delivery market, where Uber and Delivery Hero are two of the largest players. The acquisition would also have implications for policymakers, who may need to consider the potential impact of the deal on competition and consumer welfare.