Move over DoorDash, Uber's latest deal would make it the world's largest food delivery player outside China

Uber will acquire Delivery Hero for nearly $15B, creating the largest food delivery company outside China. The scale-up is a significant strategic step that likely boosts competitive positioning and market share. The all-cash/valuation headline makes this a deal with material sector-level impact.

Analysis

Uber will acquire Delivery Hero for nearly $15B, creating the largest food delivery company outside China. The scale-up is a significant strategic step that likely boosts competitive positioning and market share. The all-cash/valuation headline makes this a deal with material sector-level impact.