Published：May 18, 15:18Last updated：May 28, 11:46

Uber Increases Stake in Delivery Hero Amid Takeover Talks

May. 18, 2026 15:18

Uber has increased its stake in Delivery Hero, becoming the German firm's top shareholder. The move was confirmed by LSEG data on Monday, marking a significant shift in the ownership structure of the delivery company.

Summarized

13News

5Media

May. 27, 2026 18:36

Uber has offered to acquire Delivery Hero in a deal valuing the German delivery company at $11.6 billion. The proposal aims to strengthen Uber's competition with DoorDash outside the US. The potential takeover was discussed on 'Bloomberg Deals.'

May. 28, 2026 11:46

Delivery Hero SE, headquartered in Berlin, Germany, has seen a 46% increase in its stock value since June 30, 2026, making it one of the biggest gainers in the Stoxx Europe 600 Index. The company has been addressing investors' concerns, leading to its strong performance this quarter. The signage at its headquarters reflects its growing prominence in the market.

Uber Technologies Inc. has significantly increased its stake in Delivery Hero SE, becoming the German food delivery company's largest shareholder. This strategic move, confirmed by LSEG data, marks a pivotal shift in the ownership structure of Delivery Hero and underscores Uber's ambitions in the global food delivery market. The company's shares surged to an 18-month high following Uber's indicative offer, with speculation of a potential bidding war involving DoorDash.

🚚 Strategic Investment

Uber acquired an additional stake in Delivery Hero, increasing its ownership from 19.5% to 24.99%. The Berlin-based delivery platform welcomed Uber's investment as a strong endorsement of its strategy. However, Uber has stated it does not intend to increase its stake to 30 percent, focusing instead on strategic collaboration rather than outright control.Reuters+2

🌍 Global Expansion Plans

Uber's interest in Delivery Hero aligns with its broader strategy to enhance competitiveness against DoorDash Inc. outside the US. Reports suggest Uber is considering a full takeover of Delivery Hero to consolidate its position in the food delivery industry. Additionally, Uber and South Korea's Naver Corp. are reportedly seeking to take control of Baedal Minjok, South Korea's largest food delivery app operated by Woowa Brothers, a subsidiary of Delivery Hero.Bloomberg+2

💼 Acquisition Talks

Uber and DoorDash have held exploratory talks with investors regarding a potential takeover bid for Delivery Hero. These discussions highlight the growing interest in consolidating the food delivery industry. Delivery Hero, a major player in the German market, has confirmed receiving a takeover offer from Uber, valuing the company at €33 per share.Reuters+2

💰 Revised Offer

Following the rejection of its initial bid by a major shareholder, Uber’s board met to consider increasing its offer for Delivery Hero. A revised bid could value the German food delivery group at over €11.5 billion ($13.39 billion). This move underscores Uber’s strategic efforts to expand its presence in the food delivery market, particularly in key regions like Taiwan, where it has proposed acquiring Delivery Hero's Foodpanda business for $950 million.Der Spiegel+3

FoodpandaNaver Corp.DoorDash Inc.Delivery Hero SEUber Technologies Inc.