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[POLITICS]

Delivery Hero Endorses Uber's €13 Billion Acquisition Proposal

Delivery Hero, the German food delivery leader, has expressed its support for Uber's €13 billion acquisition bid, which aims to enhance its global meal delivery capabilities.

Editorial StaffJuly 16, 20261 MIN READ

Delivery Hero has officially announced its backing for Uber's acquisition offer, which is valued at €13 billion. This move is seen as a strategic step to bolster Uber's presence in the food delivery sector.

The acquisition, if successful, would significantly expand Uber's global meal delivery network, allowing it to compete more effectively in the growing market.

Delivery Hero's endorsement highlights the potential benefits of the merger for both companies, as they seek to capitalize on the increasing demand for food delivery services worldwide.