Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s planned acquisition of Delivery Hero (XETRA:DHER, OTCQX:DLVHF) could strengthen its cross-platform strategy and create additional opportunities to grow customer engagement, according to Jefferies, which highlighted the strategic benefits of the $14.8 billion transaction. Jefferies wrote that the combination could increase the value of Uber One and expand cross-selling opportunities across additional delivery markets.
Uber Technologies NYSE: UBER executives said the company's proposed acquisition offer for Delivery Hero is intended to expand its cross-platform mobility and delivery strategy into additional markets while remaining within Uber's financial discipline and capital allocation framework.
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.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) has agreed to acquire Delivery Hero (XETRA:DHER, OTCQX:DLVHF) in a cash takeover offer valued at $14.8 billion, as the ride-hailing and delivery company moves to expand its global food delivery operations. Under the terms of the agreement, Uber will offer Delivery Hero (XETRA:DHER, OTCQX:DLVHF) shareholders €41.50 per share in cash, representing an equity value of $14.8 billion for the company, or $13.7 billion adjusted for Uber's previous stake purchases.
The gig economy once operated under a very simple, highly capital-intensive mandate: capture user market share at any cost. For years, mobility and delivery platforms set cash on fire to win individual zip codes.
Uber Eats has continued its expansion into deliveries of goods beyond meals by forming partnerships with gaming retailer GameStop and three footwear, apparel and accessories retail brands affiliated with Foot Locker.
Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition.
UBER's $14.8 billion Delivery Hero deal would expand its platform to 99 markets and nearly double mobility-delivery overlap to 58.
Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.
Pony AI appears better positioned than Uber in robotaxis, backed by global expansion, China growth and a largely domestic supply chain.
Uber Technologies (UBER) is rated a strong buy as the market undervalues its robust fundamentals and growth potential amid AV-related skepticism. UBER's Q1 2026 results showed 21% YoY gross bookings growth, 42% higher non-GAAP operating income, and $2.28B in free cash flow. Management guides for 18–22% gross bookings growth and 31–38% EPS growth, with Uber One membership now exceeding 50M users.
Uber Technologies (UBER) closed the most recent trading day at $72.08, moving 2.94% from the previous trading session.