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Uber Agrees to Acquire DeliveryHero for $13.7B on July 16, Gains Baemin and 50-Market Platform Portfolio

2026-07-18 00:43:49

UBER-2.10%

According to E-Daily, Uber agreed on July 16 to acquire German delivery platform DeliveryHero at €41.50 per share, with an additional investment of $13.7 billion. DeliveryHero's enterprise value was valued at $14.8 billion, enabling Uber to gain control of Baemin, the top food delivery app in South Korea, alongside Talabat (Middle East), PedidosYa (Latin America), HungerStation (Saudi Arabia), and Foodpanda (Asia) across 50 global markets. The acquisition marks Uber's return to the South Korean market seven years after exiting UberEats in 2019.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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