Global Ride-Hailing Giant Makes Billion-Dollar Bid for Food Delivery Rival. In a major move to expand its international presence in the food delivery market, Uber has launched a public takeover offer for German food delivery company Delivery Hero, valuing the firm at approximately $14.8 billion. This strategic acquisition is part of Uber's broader efforts to strengthen its position in the global food delivery landscape. By acquiring Delivery Hero, Uber aims to significantly enhance its food delivery network, particularly in key markets across Europe and beyond, further solidifying its position as a major player in the rapidly growing food delivery industry.
Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at around $14.8 billion, as part of the US ride-hailing firm's efforts to widen its food delivery network abroad.
