The company said Niklas Östberg would continue in his role due to the change in its situation.
Delivery Hero's board has signed off on Uber's $15 billion takeover offer and recommended shareholders approve the deal, which would create one the largest on-demand food delivery platforms in the world.
Delivery Hero SE (DELHY) Q2 2026 Sales/Trading Call Transcript
Delivery Hero ETR: DHER reported accelerating second-quarter growth and raised its full-year outlook across gross merchandise value, revenue, adjusted EBITDA and free cash flow, as the company said investments in its “Everyday App” strategy were supporting both customer engagement and profitability.
The company now projects on-year like-for-like group revenue growth of 17% to 19%, up from 14% to 16% previously.
The company's earnings could help boost the AI trade, but software stocks need even more help.
German food delivery group Delivery Hero said Thursday it has agreed to be acquired by U.S. ride-hailing giant Uber in a 12.7 billion euro ($14.6 billion) deal.
Jefferies has raised its target price on Delivery Hero (XETRA:DHER, OTCQX:DLVHF) from €29 to €42.50, arguing that the scramble by Uber Technologies Inc (NYSE:UBER, XETRA:UT8)and DoorDash to acquire the German food delivery group is just the beginning of an endgame that should push the shares higher still. Uber tabled an indicative offer of €33 per share last week, valuing Delivery Hero at around €10 billion, but the approach was swiftly rebuffed.
Delivery Hero stock jumped more than 10% on Monday as investors bet that Uber's opening move for the Berlin-based food delivery group may be only the start of a bigger takeover fight. The immediate trigger was Delivery Hero's confirmation that Uber had made an indicative €33-a-share approach, valuing the company at more than €10 billion.
Delivery Hero SE (DELHY) Q1 2026 Sales/Trading Call Transcript
Dutch technology investor Prosus on Friday said it has agreed to sell a 4.5% stake in Germany's Delivery Hero to Uber for about 270 million euros ($318.06 million)
Delivery Hero SE (DELHY) Q4 2025 Earnings Call Transcript