GoKawiilDelivery Hero's board endorses Uber's $15 billion takeover offer
Delivery Hero's supervisory and management boards have approved Uber's $15 billion acquisition bid and are recommending shareholders vote in favor. Uber, already Delivery Hero's largest shareholder, set a threshold requiring at least 50% plus one share of outstanding capital, while major investor Prosus agreed to sell its 17% stake as part of the deal.
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The merger would roughly double Uber's global delivery footprint, making it one of the largest food delivery platforms outside China and strengthening its position against rivals DoorDash and Just Eat Takeaway. It also reflects accelerating consolidation in the sector, following similar deals involving Getir, Foodpanda, and Deliveroo over the past year and a half.
- Delivery Hero's boards called the $15 billion price 'fair and adequate' and cited potential innovation gains.
- Prosus will sell its 17% Delivery Hero stake, while a separate $1.6 billion sale of overlapping markets to SSW Partners has already been agreed.
- The deal marks another step in food delivery industry consolidation, alongside Uber-Getir, Grab-Foodpanda, and DoorDash-Deliveroo transactions.
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See Ecoway Insulated Food Delivery Bag on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Kirsten Korosec, 2026-09-02
Published there as: “Delivery Hero board backs Uber’s $15B takeover bid”
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