Uber's $14.8 billion deal gives it control of Glovo in Kenya. Uber Technologies' proposed $14.8 billion acquisition of German food delivery company Delivery Hero would give the U.S. ride-hailing company ownership of Kenya's largest food delivery platform, Glovo, strengthening its position in one of Africa's fastest-growing delivery markets. Uber has announced it has agreed to acquire Delivery Hero for 41.50 euros per share in cash, valuing the Berlin-based company at about 13 billion euros ($14.8 billion). The transaction is expected to close in the second half of 2027, subject to shareholder and regulatory approvals. Delivery Hero owns about 94% of Glovo after completing a 2.3 billion euro acquisition of the Spanish delivery company in 2022. The deal would place both Glovo, the market leader in Kenya's online food and grocery delivery sector, and Uber Eats under the same corporate owner. Uber is acquiring Delivery Hero's operations across 50 markets spanning Africa, the Middle East, Asia and Latin America, which together generated about $42 billion in gross merchandise value in 2025, according to the companies. Kenya, alongside Uganda, Nigeria, Morocco and Ivory Coast, is included in the assets Uber will acquire. Separately, New York-based investment firm SSW Partners will acquire Delivery Hero's operations in 14 mainly European markets for about 1.4 billion euros. Uber said those markets represent areas where the two companies have the greatest overlap, a structure intended to address potential antitrust concerns. Kenya was not included in the divestment despite Uber Eats already operating in Nairobi, where it competes with Glovo. The transaction is likely to draw scrutiny from Kenya's Competition Authority, which reviews mergers that could substantially reduce competition. The regulator has previously intervened in the country's app-based delivery sector, directing Glovo and Uber Eats in 2024 to establish local offices to handle consumer complaints. The acquisition comes after the exit of Jumia Food from Kenya in late 2023, leaving Glovo, Uber Eats and Bolt Food as the country's main food delivery platforms. Until the transaction closes, Glovo and Uber Eats will continue operating as separate businesses. If approved, the merger would leave Uber controlling two of Kenya's three largest food delivery platforms, potentially reshaping competition, pricing, restaurant commissions and rider earnings in the East African market. Stay ahead of the stories shaping its world. Subscribe to Impact Newswire for timely, curated insights on global tech, business, and innovation all in one place. Dive deeper into the future with the Cause Effect 4.0 Podcast, where Impactnews Wire explore the ideas, trends, and technologies driving the global AI conversation. Got a story to share? Pitch it to Impactnews Wire at [email protected] and reach the right audience worldwide

Kolawole: meet Glovo Uganda's new General Manager tasked to accelerate digital transformation. Glovo has announced the appointment of Kolawole Kolawole (pictured) as the new General Manager for Uganda, marking a significant milestone in the company's continued investment in the country's fast-growing digital economy. The appointment comes as Glovo strengthens its commitment to empowering local businesses, enhancing customer experience, and driving innovation in Uganda's on-demand delivery and quick commerce sector. A trained pharmacist with First Class Honours from OAU Ile-Ife, and an MBA from IE Business School in Madrid, specializing in Entrepreneurship, Strategy, & Marketing, Kolawole brings extensive experience spanning marketing, commercial strategy, and digital commerce. Before joining Glovo, he held senior leadership roles at Danone, Airtel, and Jumia in Nigeria, where he led successful product launches and growth initiatives. Having spent the last three years with Glovo Nigeria, including two years leading the company's Commerce division, he played a pivotal role in expanding commercial partnerships, accelerating content expansion, strengthening merchant engagement, and driving sustained revenue growth. Commenting on his appointment, Kolawole said: "This appointment is a testament to the incredible work our team has done in Nigeria. Together, we built strong commercial partnerships, enhanced quality across our marketplace, and achieved significant revenue growth. I am honoured by the trust Glovo has placed in me to replicate that success in Uganda and to work alongside a talented local team to unlock the market's enormous potential." As General Manager, he will focus on positioning Glovo Uganda as a leading force in the country's digital economy while developing Uganda into a regional talent hub for East Africa. "My vision is to make Glovo Uganda a talent house for East Africa by nurturing exceptional local talent, creating economic opportunities, and contributing meaningfully to the region's digital transformation. We also want to help shape the future of the industry while supporting Uganda's broader economic growth," he added. Recognising that approximately 95 percent of Glovo's merchant partners are small and medium-sized enterprises (SMEs), the new General Manager said empowering local businesses through technology will remain a top priority. "We want every SME that partners with Glovo to fully embrace digital commerce. Through continuous training, education and long-term partnerships, we will equip businesses with the tools and knowledge they need to thrive in an increasingly digital marketplace." He also believes Uganda's youthful population and growing urbanisation present significant opportunities for the expansion of digital commerce. "While digital penetration remains relatively low compared to more mature markets, Uganda has tremendous potential. By providing the right customer experience on the "everyday app", we can accelerate the growth of the digital economy and create value for businesses, customers and riders alike." Improving customer experience will remain central to Glovo's strategy, with continued investments in technology, operational efficiency and service quality. The company also plans to deepen investment in merchant and rider development through its Glovo Academies, which provide training in business management, financial literacy and entrepreneurship... In addition, Glovo continues to expand access to electric mobility solutions through strategic partnerships, enabling riders to acquire electric motorcycles under flexible financing arrangements while supporting the company's sustainability ambitions. Internally, the new General Manager aims to build a high-performing team by creating opportunities for professional growth, expanding leadership responsibilities, and providing access to both local and international training programmes through Glovo's global network. Looking ahead, he expressed confidence in Uganda's growth trajectory. "Uganda is a growing economy with enormous potential. Today's Uganda is the smallest it will ever be, and Glovo wants to be a catalyst for sustainable development in all the cities we operate. The appointment reinforces Glovo's long-term commitment to Uganda and its mission of providing fast, reliable and technology-driven on-demand ordering services while supporting the growth of local businesses and creating sustainable economic opportunities.

Glovo integrates Revolut Pay in Romania: one-click payments for in-app orders. Glovo, one of the most important technology platforms in Europe for on-demand orders, and Revolut, the global financial app with over 75 million clients worldwide, have launched a new partnership for the adoption of Revolut Pay in Romania, Spain, Portugal, Poland, Italy, Bulgaria and Croatia, a press release shows. The launch marks the latest expansion of Revolut Pay in everyday commerce, allowing millions of Glovo customers to complete orders with a single click through the Revolut app. Protected by advanced biometric security systems, Revolut Pay eliminates the need to use a card or manually enter its details, while providing a faster and simpler payment experience. As Revolut customers use the app for more and more of their daily financial needs, Revolut Pay expands into the categories where they spend most frequently. Food orders, grocery shopping and proximity purchases have become recurring habits for millions of customers in Europe, making Glovo a natural partner for the continued development of Revolut Pay," the press release shows. Unlike traditional payment methods, Revolut Pay offers customers more RevPoints for every euro spent, compared to regular card payments. To mark the launch, customers paying with Revolut Pay on Glovo will earn 5 times more RevPoints for each order, for a limited campaign. RevPoints can be used for travel rewards, accommodation, experiences and discounts on future purchases (RevPoints terms and conditions apply). After the offer ends, customers will continue to earn 2 times more RevPoints for Glovo orders. The launch is based on existing consumer behaviors. On-demand orders have become one of the most used categories of digital spending among Revolut customers. The partnership also extends the value of the Revolut subscription ecosystem, with new customers joining Revolut through Glovo being eligible for a cash bonus," the press release further shows. Alex Codina, General Manager of Acquiring at Revolut, said: "Food orders, groceries and everyday essentials have become some of the most frequent digital purchases people make. By integrating Revolut Pay into Glovo, we make these purchases faster, safer and more rewarding. Customers can complete the payment with one click and earn RevPoints every time they pay. That's exactly what we build Revolut Pay for: to become the best payment method in everyday life." Connie Kwok, VP of Quick Commerce at Glovo, added: "The future of quick commerce is defined by speed and personalization. As we develop our technology ecosystem for on-demand orders, we support innovation and improve product discovery. The partnership with Revolut Pay allows us to further our consumer-centric approach, making the shopping experience not only faster and safer, but also more rewarding by integrating loyalty benefits directly into the payment flow." Revolut Bank UAB is a licensed European bank, established in the Republic of Lithuania, authorized and regulated by the Bank of Lithuania and the European Central Bank, with over 75 million customers globally. People from around the world use dozens of innovative Revolut products to make over one billion transactions per month. Glovo is a technology platform offering on-demand services from multiple categories - from local restaurants, grocery stores and supermarkets to street retail stores. Founded in 2015 in Barcelona, the company operates in 22 countries in Europe, Central Asia and Africa.