German food delivery group Delivery Hero said Thursday it has agreed to be taken over by US ride-hailing giant Uber in a 12.7-billion-euro deal.

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