Delivery Hero confirmed Saturday that it received a formal takeover offer from Uber valuing the company at €33 per share [1].
The move signals a major consolidation in the global food-delivery market. By acquiring the Berlin-based firm, Uber aims to strengthen its international position and better compete with rivals like DoorDash [4].
The offer price of €33 per share is approximately $38.29 [1]. This bid follows a period of increased investment by the U.S. company into the German firm's equity.
Uber has increased its stake in Delivery Hero recently. The company now holds approximately 19.5% to 20% of the issued capital, up from a previous holding of about seven percent [2, 3].
Delivery Hero is headquartered in Berlin and operates as a primary competitor in several global markets [5]. The acquisition would reshape the industry landscape by merging two of the largest players in the logistics and delivery sector [4].
Company officials have not yet announced a final decision on the bid. The offer comes as the sector faces pressure to achieve sustainable profitability through scale and reduced operational overlap [4].
“Uber offered €33 per share to acquire the Berlin-based food-delivery company.”
This potential acquisition represents a strategic shift toward global consolidation in the 'last-mile' delivery sector. By absorbing Delivery Hero, Uber would not only eliminate a major competitor in European and Asian markets but also achieve the economies of scale necessary to challenge DoorDash's dominance. If successful, the deal could trigger a wave of similar mergers as smaller delivery platforms struggle to compete with a vertically integrated super-app.
