Uber is in advanced talks to acquire Delivery Hero in a deal potentially exceeding €10 billion, pausing European expansion to prioritize the acquisition.

July 14 : Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the…

Uber's $11.6B bid for Delivery Hero could reshape global food delivery and create new opportunities for crypto payment integration in emerging markets.

Delivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an offer price.

By Kelly Cloonan and Najat Kantouar