Acquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the Middle East, Asia and Latin America. But the deal could attract scrutiny from antitrust regulators due to overlap in the companies' operations.

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 confirmed on Tuesday that it is engaged in discussions with the ride-hailing and food-delivery behemoth regarding a potential takeover offer