Uber Explores Full Takeover of Delivery Hero to Bolster International Competition

BTCC / BTCC Square / Global Cryptocurrency /

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2026-05-23 07:54:02

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Uber Technologies Inc. is in preliminary discussions to acquire Delivery Hero SE, the Frankfurt-listed food delivery giant, according to a Bloomberg report. The move signals Uber's aggressive push to challenge DoorDash's dominance in markets outside the U.S.

Morgan Stanley facilitated Uber's rapid accumulation of a 19.5% equity stake in Delivery Hero, supplemented by 5.6% in options. Derivatives played a key role in building this position discreetly. Delivery Hero's shares have surged 110% over six months, achieving a €10.2 billion valuation.

Market reactions were immediate but muted. Uber's stock dipped 1.9%, while DoorDash gained equal ground. The divergence underscores investor perceptions of competitive dynamics in the global delivery sector.

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