Uber Technologies Inc. has proposed a takeover of Delivery Hero SE with an offer of €33 per share [1].
This potential acquisition would significantly alter the global food-delivery landscape by merging two of the world's largest logistics networks. If completed, the deal would allow Uber to scale its international operations and better compete with rivals like DoorDash outside the U.S. market [1, 5].
Delivery Hero, headquartered in Berlin, confirmed it received the proposal [2]. The offer price of €33 per share is approximately $38.29 [1]. The bid targets shares listed on German exchanges [2].
Reports on the nature of the bid vary. Some sources indicate the offer is a formal takeover proposal [2, 4]. However, a report from Reuters on May 23, 2026, said that Uber and DoorDash had held exploratory talks with investors in Delivery Hero ahead of a possible bid [3].
Uber has already established a significant position within the company. The U.S. firm currently holds a 19.5% stake in Delivery Hero, with additional options for another 5.6% [6]. This existing ownership provides Uber with a substantial foothold before any formal acquisition process begins.
Uber's strategy focuses on strengthening its position in the global food-delivery market [5]. By absorbing Delivery Hero's infrastructure, the San Francisco-based company could expand its reach into regions where the German group has a dominant presence.
Delivery Hero has not yet announced a final decision regarding the proposal. The company continues to operate its global delivery network while the two firms navigate the terms of the potential merger [2].
“Uber proposed a €33-per-share takeover offer for Delivery Hero”
This move signals a consolidation phase in the gig economy as companies shift from rapid growth to market dominance. By attempting to acquire Delivery Hero, Uber is seeking to eliminate a major international competitor and secure a larger share of the non-U.S. delivery market, potentially triggering similar consolidation efforts by other industry players like DoorDash.
