Uber’s $14.8B Delivery Hero deal would nearly double its global footprint

Uber agreed to acquire Delivery Hero in a $14.8B all-stock deal, aimed at nearly doubling Uber’s global footprint and creating one of the world’s largest food delivery platforms outside China. The transaction is likely to be a notable read-through for the competitive landscape in Europe and other international markets, with potential near-term stock-market reaction for both companies.

Analysis

Uber agreed to acquire Delivery Hero in a $14.8B all-stock deal, aimed at nearly doubling Uber’s global footprint and creating one of the world’s largest food delivery platforms outside China. The transaction is likely to be a notable read-through for the competitive landscape in Europe and other international markets, with potential near-term stock-market reaction for both companies.