Uber to acquire Delivery Hero, owner of Talabat and foodpanda, in a $14.8 billion deal, reshaping the global food delivery landscape across 50 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

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