Uber said to study full takeover of European rival Delivery Hero

Uber Technologies Inc. is exploring options for a full takeover of Delivery Hero SE, people familiar with the matter said, a move that would help it better compete with DoorDash Inc. outside the US.

The ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ways to increase its holding further, according to the people. Uber has also been speaking to other investors in Delivery Hero about its interest in a deal, they said.