MT Newswires30d agoneutral
Sector Update: Consumer Stocks Rise in Afternoon TradingConsumer stocks were higher Thursday afternoon, with the State Street Consumer Staples Select Sector
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TechCrunch30d agoneutral
Uber’s $14.8B Delivery Hero deal would nearly double its global footprintUber has agreed to acquire Delivery Hero in a $14.8 billion all-stock deal that would nearly double the company’s global footprint and create one of the world’s largest food delivery platforms outside China.
Nation's Restaurant News30d agobullish
Uber to buy Germany-based Delivery Hero for $14.8BThe deal would combine two of the world’s largest delivery companies and roughly double Uber Eats’ global footprint.
Moby30d agoneutral
Uber Eats the Food Delivery MapUber’s $14.8 billion Delivery Hero deal would create a global takeout giant, but regulators may still decide who gets the last bite.
Reuters30d agoneutral
Factbox-How Uber, Delivery Hero and rivals stack up in global food deliveryJuly 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition. The transaction continues a consolidation spurred by a slowdown in orders from the pandemic peaks as well as pressure to improve margins. Here are details on how the food-delivery companies stack up globally: Company Region Revenue Employees Market Notes cap DoorDash USA/Global $13.71 billion 31,400 $82.86 Purchased in fiscal 2025 employees billio Deliveroo for worldwide, n $3.9 billion as of in 2025 December 31, 2025 Meituan China 364.85 billion 111,298 $68.70 About 3.3% yuan ($53.91 full-time billio o...
24/7 Wall St.30d agoneutral
Lucid Climbs 12% for a Big Second-Day Recovery as CEO Directly Rebuts Bankruptcy and Take-Private RumorsLucid's CEO broke from corporate silence to put his personal reputation on the line against bankruptcy and take-private rumors, and now traders are split on whether Thursday's sharp rebound signals a real turning point or a costly trap.
Verdict Food Service30d agoneutral
Uber to acquire Delivery Hero in $14.8bn dealIf completed, the deal will create the largest food-delivery group outside China.
Reuters Videos30d agoneutralVIDEO
Uber bids $15 billion for Delivery Hero to form global takeout giant<body><p>STORY: Uber launched a takeover bid for Delivery Hero on Thursday.</p><p>It gave the German firm a $14.8 billion equity value.</p><p>Were a deal to go ahead it would create the largest food-delivery group outside China.</p><p>And it comes as competition with U.S. and European rivals heats up.</p><p>An acquisition would further the U.S. ride-hailing firm's efforts to build a global food-delivery business.</p><p>It's facing growing competition from Just Eat, which is owned by Dutch group Prosus.</p><p>And its U.S. rival DoorDash, which has expanded aggressively.</p><p>Delivery Hero said Wednesday it would create a platform covering 99 countries</p><p>and would have a combined pro-forma gross merchandise value (or GMV) of $236 billion last year.</p><p>China's giant Meituan recorded a platform GMV of about $246.5 billion last year.</p><p>Uber said the venture could nearly double the number of markets the company offers.</p><p>The transaction is supported by Delivery Hero's management and supervisory board.</p><p>It's expected to be completed in the second half of next year.</p><p>However, analysts believe the transaction would still likely face a complex regulatory process due to overlap in the companies' presence in various markets.</p></body>
Zacks30d agobullish
Uber to Buy Germany's Delivery Hero: Major Expansion on the Cards?UBER's $14.8 billion Delivery Hero deal would expand its platform to 99 markets and nearly double mobility-delivery overlap to 58.
Footwear News30d agoneutral
Foot Locker, Champs Sports Partner With Uber Eats for Back-to-schoolFoot Locker, Champs Sports shoppers buying footwear can have on-demand or scheduled deliveries in time for back-to-school from over 1,000 doors through the Uber Eats app.
Investor's Business Daily30d agoneutral
Uber Stock Rises After Agreement To Buy Delivery Hero $14.8 BillionUber stock was slightly higher after the company announced a deal for Delivery Hero, following weeks of negotiations.
Stocktwits30d agoneutral
Uber CEO Dara Khosrowshahi Spills Delivery Hero Deal’s ‘Secret Sauce’ – It Lets Us Move Mobility Users To Delivery ‘Back And Forth'During an interview with CNBC, Khosrowshahi cited the synergy gains from the acquisition of Delivery Hero and the integration of its services with Uber's offerings.
GuruFocus.com30d agoneutral
Uber Launches Delivery Hero Takeover OfferAcquisition would expand Uber's global food delivery network
Barrons.com30d agoneutral
Why Uber Just Made It’s Biggest Acquisition EverUber is buying Delivery Hero in a deal valued at $14.8 billion but shareholders are more interested in a different part of its business.
GuruFocus.com30d agoneutral
Uber Makes $14.8 Billion Bid for Delivery HeroThe deal would greatly expand Uber's food-delivery footprint outside the United States.
Quartz30d agoneutral
Uber acquires Delivery Hero in $14.8 billion dealThe offer of €41.50 per share expands Uber's combined platform to 99 markets with $236 billion in gross bookings
The Wall Street Journal30d agoneutral
Auto & Transport Roundup: Market TalkFind insight on Auckland International Airport, Lucid Group, Volkswagen and more in the latest Market Talks covering auto and transport.
AFP30d agoneutral
Uber to gobble up Delivery Hero in latest food delivery dealUS ride-hailing giant Uber has struck a 12.7-billion-euro ($14.6-billion) deal to take over German food delivery behemoth Delivery Hero, the latest consolidation in the industry, the companies said Thursday.- 'More opportunities' - Uber is offering 41.50 euros per share for Delivery Hero -- above their price on Thursday of nearly 39 euros -- valuing the transaction at 12.7 billion euros.
InvestorsHub30d agobullish
Uber agrees to buy Delivery Hero in $14.8 billion deal to expand global food delivery business (UBER)Uber Technologies (NYSE:UBER) has reached an agreement to acquire Germany’s Delivery Hero (TG:DHER) in a transaction valued at approximately $14. 8 billion, strengthening its international food delivery operations as competition across the sector continues to intensify.
Retail Insight Network30d agobullish
Uber Eats expands retail offering with GameStop partnershipThe collaboration allows customers to have video games, consoles, accessories, collectibles and other electronics delivered from GameStop stores across the US.
Euronews30d agoneutral
Germany's Delivery Hero backs €13 billion takeover by UberGerman food delivery giant Delivery Hero said it supports Uber's €13 billion takeover offer, which would significantly expand the US ride-hailing company's global food delivery network.View on euronews
Zacks30d agoneutral
Lucid Group (LCID) Moves 28.8% Higher: Will This Strength Last?Lucid Group (LCID) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
MT Newswires30d agoneutral
Uber Technologies Discloses Deal Offer to Acquire Delivery HeroUber Technologies (UBER) on Thursday disclosed its acquisition offer to buy Berlin-based Delivery He
AFP30d agoneutral
Germany's Delivery Hero agrees 12.7-bn-euro takeover by UberGerman food delivery group Delivery Hero said Thursday it has agreed to be taken over by US ride-hailing giant Uber in a 12.7-billion-euro ($14.6-billion) deal.Uber is offering 41.50 euros per share for Delivery Hero, valuing the deal at 12.7 billion euros.
The Wall Street Journal30d agobullish
Uber Reaches Deal for $14.8 Billion Takeover of Delivery HeroUber Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.
Reuters30d agoneutral
Uber launches $14.8 billion offer for Delivery Hero to create global platformUber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.
GuruFocus.com31d agoneutral
Lucid Shares Jump 15% After EV Maker Denies Bankruptcy RumorsLucid Stock Surges as EV Company Rejects Bankruptcy Claims
Stocktwits31d agoneutral
UBER Reportedly Eyeing €12.5B Delivery Hero Takeover To Challenge DoorDashThe transaction is expected to be announced as early as Thursday, with Uber offering around €41 per share, the Financial Times reported.