Uber to buy Germany-based Delivery Hero for $14.8B
The deal would combine two of the world’s largest delivery companies and roughly double Uber Eats’ global footprint.
July 16, 2026
Uber plans to acquire Germany-based delivery giant Delivery Hero for $14.8 billion as it looks to expand its delivery business around the world.
The deal, which has been expected for months, brings together two of the world’s largest delivery companies and will roughly double Uber’s delivery footprint to a total of 99 markets. It continues the trend of global consolidation in the food delivery market.
In a separate deal, Delivery Hero is selling its operations in 14 markets to New York-based SSW Partners for $1.6 billion. These are markets where Uber Eats and Delivery Hero overlap.
That leaves Uber with Delivery Hero’s operations in 50 markets, including parts of Asia, Europe, Central and South America, Africa, and the Middle East. The company operates under various brand names, such as Foodpanda in Asia, Glovo in Europe and Africa, and Talabat in the Middle East.
The combined business generated $236 billion in gross bookings last year, about $193 billion from Uber and $43 billion from Delivery Hero.
In a statement, Uber CEO Dara Khosrowshahi said the deal will bring Uber to “many millions more people in many of the world’s most dynamic economies.”
He added that it will also nearly double the number of markets where Uber offers both rides and deliveries, from 34 to 58. That is significant because Uber tends to see higher spending from customers who enroll in its Uber One membership program for rides and deliveries.
The company is particularly excited about adding delivery in Korea and the Middle East, where Talabat is the leading delivery player and growing fast, Khosrowshahi said during a briefing with analysts Thursday.
Delivery Hero was founded in 2011 and has expanded globally through a series of acquisitions. Its largest market is Asia, followed by the Middle East, Europe, and the Americas. It is among the largest food delivery companies in the world, along with Meituan, DoorDash, Uber Eats, and Zomato.
Delivery Hero has been publicly traded on the Frankfurt Stock Exchange since 2017. Uber took a stake in the company in 2024 and currently owns about 25% of it.
Delivery Hero’s growth has slowed recently due to competition and economic pressures. In 2025, gross marketplace volume increased just 0.9%, to $56 billion, according to financial filings.
In a statement, Delivery Hero Board Chair Kristin Skogen Lund said joining forces with Uber now is “the right move for Delivery Hero to best secure its future competitiveness and ability to deliver value for all our stakeholders.”
The combination could face regulatory scrutiny because of the companies’ overlap in nearly 60 markets. But Uber executives said they are confident they’ll be able to close the deal, noting that the overlap is between Uber's rides business and Delivery Hero, which do not compete directly.
“We don't have any overlap as it relates to delivery business on top of delivery business,” Khosrowshahi told analysts.
If closed, the deal will make Uber even more competitive on the global stage. U.S. rival DoorDash has also been growing its international presence with the acquisitions of Wolt and Deliveroo in recent years, bringing it to more than 40 countries.
Uber stock was up 1% mid-Thursday following the news.
About the Author
Joe Guszkowski
Senior editor, Restaurant Business
Joe Guszkowski is a senior editor with Restaurant Business covering technology and casual-dining chains.
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