Business

Uber Acquires Delivery Hero In $14.8B Deal, Expanding African Footprint

In a strategic move, Uber has announced its acquisition of Germany's Delivery Hero in a landmark $14.8 billion deal. This merger creates the world's largest food delivery platform outside China, significantly boosting Uber's market presence across 99 countries, including key African economies. The acquisition marks a pivotal moment for digital commerce on the continent.

AllAfrica - Latest·July 18, 2026AI-curated

[Daba Finance] Uber agreed to acquire Germany's Delivery Hero in a deal valuing the food delivery company at $14.8 billion, creating the world's largest food delivery platform outside China and expanding its reach to 99 markets.

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This story was sourced from AllAfrica - Latest and rewritten in SEVA editorial voice. Read the full original at the source.