Uber agreed to acquire German food delivery company Delivery Hero for roughly $14.8 billion, the company said Thursday, a deal that would fold South Korea's Bae

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