Uber to gobble up Delivery Hero in latest food delivery deal

Frankfurt: US ride-hailing giant Uber has struck a 12.7-billion-euro ($14.6-billion) deal to take over German food delivery behemoth Delivery Hero, the latest consolidation in the industry, the companies said Thursday.

The German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to “quick commerce”, delivering household items and groceries to customers.

The deal, widely expected after Uber built up a stake in the Berlin-headquartered group, brings together two companies operating in 99 markets which delivered goods and services worth $236 billion in 2025.

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