Uber has agreed to acquire Berlin-based food delivery operator Delivery Hero in an all-stock transaction valued at $14.8 billion.
The deal, reported by The Daily Star, represents a significant expansion of Uber's international presence and would nearly double its global footprint.
8 billion reflects a premium for Delivery Hero's established operations in key markets across Europe and Asia.
The acquisition structure relies entirely on equity, avoiding immediate cash outflows for the ride-hailing giant.
This approach aligns with Uber's broader strategy to leverage its market valuation to consolidate the fragmented global food delivery sector.
The transaction value of $14.8 billion reflects a premium for Delivery Hero's established operations in key markets across Europe and Asia.
The move comes after months of advanced negotiations between the two companies.