1 hour ago
4
Umesh Ellichipuram
Tue, May 19, 2026 astatine 6:10 AM CDT 1 min read
Delivery Hero has confirmed that Uber has accrued its shareholding successful the institution to 19.5%, on with an further 5.6% held successful options.
In a little statement, Delivery Hero said it welcomes Uber’s further concern arsenic a “further endorsement of its level and Everyday App strategy”.
The connection added: “The institution remains focused connected driving operational show and executing connected the strategical reappraisal to present semipermanent worth for each shareholders.”
According to a Reuters report, the woody makes Uber the largest shareholder successful the Germany-based food-delivery company.
The determination follows an statement by Dutch concern institution Prosus past period to divest a 4.5% involvement successful Delivery Hero to Uber for €270m ($317.5m).
As portion of that transaction, Prosus agreed to merchantability 13.58 cardinal mean shares successful Delivery Hero to comply with commitments fixed to the European Commission (EC) successful narration to its acquisition of Just Eat Takeaway.com.
The EC approved that woody successful August 2025 connected the ground that Prosus would importantly chopped its involvement successful Delivery Hero to code contention concerns successful the online nutrient transportation sector.
The nutrient transportation level presently operates successful astir 65 countries crossed Asia, Europe, Latin America, the Middle East and Africa.
Earlier this month, Delivery Hero co-founder and CEO Niklas Östberg besides announced his determination to measurement down. According to the company, Östberg volition transportation enactment of the radical by 31 March 2027.
The company's supervisory committee aims to find Östberg's successor by the extremity of this year.
"Uber acquires further involvement successful Delivery Hero" was primitively created and published by Verdict Food Service, a GlobalData owned brand.
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