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Uber launches $14.8 billion takeover bid for Delivery Hero. BERLIN, July 16 (Reuters) - Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at around $14.8 billion, as part of the U.S. ride-hailing firm's efforts to widen its food delivery network abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share. Acquiring Delivery Hero would widen the Uber Eats food-delivery network in Europe, the Middle East, Asia and Latin America, but would also attract attention from antitrust regulators given the overlap in the companies' presence. Shares in Delivery Hero were up around 5.7% in premarket trading in Frankfurt after the announcement. The offer represents a roughly 34% premium on Delivery Hero's three-month volume-weighted average share price prior to the takeover announcement, said the company. Shares in Delivery Hero closed at €38.18 on Wednesday. As part of the agreement, Delivery Hero has agreed to sell part of its business covering 14 markets to U.S.-based investment firm SSW Partners for about €1.4 billion. Delivery Hero on Tuesday confirmed it was in advanced negotiations with Uber regarding a potential takeover offer. Major shareholder Prosus has agreed to sell its stake of just under 17% in the food delivery company, according to Uber. Including derivatives, Uber had already secured a stake of just under 37% in Delivery Hero. ($1 = 0.8722 euros) (Reporting by Hakan Ersan and Miranda MurrayEditing by Mark Potter and Tomasz Janowski)

Uber to acquire Delivery Hero for $14.8B: what it means for Glovo and European antitrust. Uber is on the verge of acquiring Delivery Hero, which will constitute a worldwide upheaval for the food delivery industry. July 15, 2026 Content manager in Marketing4eCommerce Uber is on the verge of acquiring Germany's Delivery Hero, in what would amount to a global-scale earthquake for the food delivery business. With combined business figures reaching into the billions of dollars, the giant created by this deal promises to become the clear dominant force in a market that has continued to grow in recent years. And it looks like Glovo, the Spanish company, will be one of the biggest companies affected. Uber is close to taking control of a billion-dollar sector. Delivery Hero, one of the leading players in the global food delivery sector, has officially confirmed that it "is engaged in advanced negotiations with Uber Technologies, Inc. regarding a possible public takeover offer addressed to all shareholders of the Company." In this way, Delivery Hero confirms the information first reported exclusively by Bloomberg on Tuesday, which spoke of Uber's interest in taking control of the company through a public takeover bid. At present, Uber already held a significant stake in the German company, amounting to around 25% of its shares. Other sources explain that Delivery Hero's current market value is around €11.2 billion ($12.8 billion). If completed, the deal would allow U.S.-based Uber, which has been active in the sector for years through Uber Eats, to dominate it with overwhelming superiority over its rivals (Just Eat Takeaway, DoorDash, or Meituan). Let Marketing4ecommerce remember that Delivery Hero is a massive corporate group, capable of generating €14.8 billion in annual revenue and handling 12 million orders per day, and it has grown substantially since its beginnings in Berlin in 2011 by acquiring, one after another, some of the regional leaders in markets across Europe, Asia, the Americas, and Africa, such as Foody, Foodora, Yemeksepeti, Pedidos Ya... ... and Glovo. In 2021, Delivery Hero bought 44% of the shares of Glovo, the benchmark food delivery company in Spain, although that was only the beginning of a relationship that, by the summer of 2022, led it to take control of 99% of the company founded by Oscar Pierre for around €2.3 billion, a figure far below some previous valuations. Since then, things have not always gone smoothly for this duo, which has had to face various regulatory crises worldwide (as happened with the so-called "Rider Law" in Spain) as well as a high-profile penalty from the European Commission. In 2025, the EU body fined Delivery Hero and Glovo €329 million after accusing them of participating in a cartel in the food delivery sector. According to Brussels, the two companies eliminated competition between them by dividing geographic markets, exchanging highly confidential commercial information, and agreeing to a "no-poach" arrangement not to hire each other's employees, harming both consumers and working conditions across the sector. It was the first time the Commission had penalized a no-poach agreement in the labor market and the anticompetitive use of a minority shareholding. Since both companies admitted their involvement in the cartel, they benefited from a settlement procedure that reduced their fines by 10%, resulting in a €223 million penalty for Delivery Hero and €105 million for Glovo. As you may have guessed, and with that precedent, the potential acquisition of Delivery Hero faces some regulatory hurdles, especially in Europe, where EU authorities have been particularly watchful in recent years regarding any large-scale corporate deal that could significantly reduce competition. After the transaction, Uber would go on to control the market in countries such as Spain, Portugal, or Italy through Glovo; Romania and Bulgaria through FoodPanda; and the Nordic countries through Foodora. Marketing4ecommerce will have to wait for the deal to be completed to see how Brussels reacts. Image: ChatGPT

Poki appoints Darrell Stephenson as Chief Product Officer. Poki has appointed Darrell Stephenson as its new Chief Product Officer (CPO), bringing in a veteran product executive with experience across consumer technology, digital marketplaces, and entertainment. Stephenson joins the web gaming platform as it continues expanding its ecosystem for players, developers, and advertisers. Before joining the web giant, Stephenson served as Senior Director of Product Management at Delivery Hero, a German food delivery company valued at $1.7 billion, where he led product teams focused on marketplace, transactions, data, and machine learning. Earlier in his career, he held senior product positions at Zalando, contributing to the growth of the company's Zalando Plus membership program, and spent more than seven years at SoundCloud, overseeing products spanning listener experience, discovery, advertising, and web and mobile platforms. As Chief Product Officer, Stephenson will oversee Poki's product strategy as the company advances its mission to "let the world play." His background in building large-scale consumer products and discovery-driven digital experiences is expected to support Poki's continued growth across its platform. Stephenson said he was "incredibly excited" to join Poki, highlighting the company's mission of creating "the ultimate online playground" with instant access to games for players of all ages. If you haven't heard of Poki before, its mission is to let the world play by building the ultimate online playground, offering instant play to kids of all ages around the world. With 100 million players and 500+ game developers, even if you haven't heard of Poki, there's probably someone young at heart around you who has. In my case, my kids convinced me that "duh, everyone knows about Poki," and after digging in more and meeting with the team, so many things started connecting: my love for the speed and openness of web development, the potential impact of its global reach, and the opportunity to work with a thoughtful, caring team making a truly fun product while putting the safety of its players first. Looking forward to sharing how Mobidictum Mixer level up Poki for developers, players, and advertisers in the coming weeks and months! I'm Sina, and I live and breathe video games. I have been lucky enough to make my passion my job, and I will always be grateful for that.