Uber CEO Dara Khosrowshahi said the company's acquisition of German food-delivery firm Delivery Hero represents compelling value for shareholders [1].

The move signals a major expansion of Uber's logistics footprint. By integrating a global delivery powerhouse, the company intends to create a seamless ecosystem where users transition between ride-sharing and food delivery services.

Speaking in an interview on CNBC's "Squawk Box," Khosrowshahi said the strategic logic behind the merger allows the company to move mobility users to delivery services and back and forth [2]. This cross-platform synergy is intended to increase user retention and lifetime value across both business segments.

Financial reports on the transaction vary slightly by source. Some reports value the deal at $14.8 billion [1], while others cite a value of $15 billion in equity [3]. Additionally, the acquisition has been reported as €12.7 billion [4].

Khosrowshahi said the deal will double Uber's mobility and delivery markets [5]. This growth is expected to scale the company's operational reach, particularly within the European market where Delivery Hero maintains a significant presence.

The CEO said the integration is not merely about size but about efficiency. He said the combination represents compelling value [1], suggesting that the shared infrastructure of both companies will reduce overhead and improve delivery times.

Uber has spent the last several years diversifying its core ride-hailing business into freight and food. The addition of Delivery Hero marks the largest acquisition in the company's recent history — a step toward becoming a comprehensive "everything app" for urban logistics.

“The combination represents compelling value.”

This acquisition represents a pivot toward a 'super-app' strategy, mirroring successful models in Asia. By controlling both the transport of people and the transport of goods on a global scale, Uber reduces its reliance on ride-hailing volatility and creates a closed-loop ecosystem that increases the cost for users to switch to competitors.