Uber Makes Formal Move to Acquire Delivery Hero Amid Growing Competition

Published on May 25, 2026

Until recently, Delivery Hero operated as a major player in the food delivery market, enjoying a steady growth trajectory. The company had established itself firmly, leveraging partnerships and a broad customer base across Europe. Meanwhile, Uber Eats continued its own expansion, competing fiercely in the same landscape.

Now, a shift has occurred. Uber has officially presented a takeover bid to Delivery Hero, offering €33 per share. This proposal sits slightly below the company’s closing price from last Friday, indicating that negotiations will be complex. Uber already owns a significant stake in Delivery Hero, which adds tension to the unfolding drama.

This move has prompted immediate responses from both companies. Delivery Hero confirmed the formal proposal on Saturday, signaling that talks are just beginning. Analysts suggest that the bid is not final; rather, it sets the stage for further negotiations as both parties work to find common ground.

The implications of this bid are substantial. If successful, Uber’s acquisition could reshape the competitive landscape in food delivery across Europe. Meanwhile, it raises concerns among other market players, such as DoorDash, who are watching closely as Uber consolidates its position in the industry.

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