Uber Nears €12.5 Billion Deal to Acquire Delivery Hero, FT Reports
Uber is reportedly close to acquiring Delivery Hero in a deal valued at €12.5 billion, according to the Financial Times, as reported by Reuters.
Summary
Uber is reportedly in advanced discussions to acquire Delivery Hero in a transaction valued at approximately €12.5 billion, according to a Financial Times report cited by Reuters on 15 July 2026. The report signals a potential consolidation move in the global online food delivery sector, though final terms have not been confirmed by either company.
What Was Reported
According to the Financial Times, as cited by Reuters:
- Uber is nearing a deal to acquire Delivery Hero.
- The reported transaction value is approximately €12.5 billion.
- The report was published on 15 July 2026.
No additional details regarding deal structure, timeline, regulatory considerations, or financing were included in the headline-level information available at the time of publication.
Why the Story Matters
A transaction of this size would represent one of the larger consolidation moves in the online food delivery industry in recent years. Delivery Hero operates in multiple international markets across Europe, Asia, the Middle East, and Latin America, and has been one of the few major players outside the US-China axis of the sector. For Uber, which already runs Uber Eats in many of those regions, an acquisition could expand its geographic footprint and consolidate market share in countries where both companies currently compete.
The reported deal value of €12.5 billion would place the transaction among the more significant technology and platform-economy acquisitions of 2026, depending on the final structure and any regulatory conditions attached.
Practical Implications
If completed, a deal of this scale would likely attract attention from competition authorities in Europe, the Middle East, and Asia, where Delivery Hero holds meaningful market positions. Stakeholders to watch include:
- Regulators in jurisdictions where the two companies' delivery services overlap.
- Restaurant partners on both platforms, who may face renegotiated terms.
- Consumers and delivery couriers, who may see changes in pricing structures, service availability, or commission rates.
- Investors in Delivery Hero, whose shares would likely respond to confirmation of any formal offer.
The report also raises questions about the broader consolidation trajectory of the food delivery sector, which has seen several high-profile transactions and exits over the past several years as companies have sought to reach profitable scale.
Key Takeaways
- Uber is reportedly close to acquiring Delivery Hero for approximately €12.5 billion.
- The information originates from a Financial Times report, cited by Reuters on 15 July 2026.
- Full deal terms, regulatory considerations, and timeline details were not included in the headline-level report available at publication.
- The transaction, if confirmed, would be one of the larger consolidation events in the global food delivery sector in 2026.
Sources Reviewed
- Reuters via Google News RSS: https://news.google.com/rss/articles/CBMiqwFBVV95cUxOZldpUnNMbzhMcmw0WjBWZk5nMmptTjlDbXRob3ZYaVFEUVpLNkNkY3U2N1hZbUEwYXFHUEpoTUdYOC1PbVhtcVhDUnlZZUN2RndjVkRucXJaT0RFc1ZDU3lWMy14UlVLRDhKMHczSnhJV3pBcWg4SlFreVRUTWdpNmZXdTFRN3d4TTZtaUwzUW4zdGtoRDI5RjFfb3BITFIzNTJTLW1oT3R5dkE?oc=5