Uber will acquire Delivery Hero in a deal valuing the German firm at $14.8B to form the largest food-delivery group outside China. The move is aimed at countering intensifying competitive pressure in delivery services. Overall, the transaction is expected to strengthen Uber’s position and drive sector-level competitive repositioning.
Uber will acquire Delivery Hero in a deal valuing the German firm at $14.8B to form the largest food-delivery group outside China. The move is aimed at countering intensifying competitive pressure in delivery services. Overall, the transaction is expected to strengthen Uber’s position and drive sector-level competitive repositioning.
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