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Uber Reportedly Weighing Full Takeover of Europe's Delivery Hero

UBERDHER.DE

Uber is exploring a potential full acquisition of Berlin-based food delivery company Delivery Hero, according to multiple reports. The move is notable because Uber had reportedly dismissed the idea earlier in the week before reversing course. A deal would significantly expand Uber's food delivery footprint outside the United States, where Delivery Hero operates across dozens of markets.

Why it matters

Delivery Hero shares would likely surge on any confirmed deal, making it the most direct trade here. For Uber, a large acquisition introduces integration risk and could pressure its stock short-term, but a successful deal would meaningfully scale its Uber Eats business in markets where it currently has limited presence. Investors in both names should watch for an official bid price — that will define whether this is value-creating or an expensive vanity deal.

Watch next

Watch for an official statement from Uber or Delivery Hero confirming or denying deal talks. EU antitrust review timeline would follow any formal bid — initial Phase 1 review typically takes 25 working days. Uber's next earnings call will likely draw questions on M&A strategy.

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