Uber Secures 66.56% Stake in Delivery Hero
Uber's takeover offer has pushed its holding in the loss-making Berlin-based food delivery group to a majority of shares.
Updated on Nov. 10, 2026 in Healthcare
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Uber has acquired 66.56% of Delivery Hero shares through its takeover offer, which closed its regular acceptance period on November 5. Delivery Hero shareholders may still sell their shares to Uber at €41.50 per share until November 24.
Why it matters
The deal would give Uber control of a loss-making food delivery group with operations spanning Asia, Southern Europe, the Arabian Peninsula and Africa. The takeover remains subject to merger clearance and other regulatory approvals.
Uber holds 66.56% of Delivery Hero following the close of the regular acceptance period on November 5, with shareholders able to tender at €41.50 per share through November 24. The acquisition remains pending regulatory approvals and is expected to close in the second half of 2027.
The players
Uber
Uber is a global ride-hailing and delivery company that has pursued an expansion into food and grocery delivery through acquisitions.
Delivery Hero
Delivery Hero is a Berlin-headquartered online food and grocery delivery platform operating across multiple regions worldwide.
The details
Delivery Hero, a Berlin-based food delivery group that sold its German operations to Just Eat Takeaway several years ago, has operations across Asia, Southern Europe, the Arabian Peninsula and Africa, including the Foodora brand. The company is currently loss-making.
Timeline
- November 5, 2026: Regular acceptance period for Uber's takeover offer ended.
- November 10, 2026: Company figures showing Uber's 66.56% stake were made available.
- November 11 to November 24, 2026: Final window for shareholders to sell shares to Uber at €41.50.
- Second half of 2027: Expected completion of Uber's acquisition.
Market Landscape
Delivery Hero previously sold its German operations to Just Eat Takeaway, a move that reshaped the European food delivery market by consolidating competitors. Uber's takeover continues that consolidation by bringing a major international delivery platform under a single global owner.
Customers of Delivery Hero brands such as Foodora may see changes to pricing, availability or service as ownership shifts toward Uber. Shareholders have until November 24 to sell at €41.50 per share if they choose to exit.
The takeaway
Shareholders deciding whether to sell before November 24 should weigh the €41.50 offer against the company's ongoing losses and the uncertainty of regulatory approval.
What happens next
Uber's acquisition of Delivery Hero is expected to complete in the second half of 2027, pending merger clearance and other regulatory approvals.
Further reading
Explore more Healthcare coverage for broader industry context on consolidation and market shifts.
Source note: This article includes information reported by dpa International.
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