Uber Technologies has offered €33 per share for Delivery Hero SE, the Berlin-based food delivery group confirmed in a regulatory filing on Saturday.
The provided the price is about 1.76% below the closing price of Delivery Hero on Friday, according to LSEG data. Delivery Hero said it will continue the review process and provide further information as appropriate.
Uber’s Stake Building is a Complete Bid Process
Uber’s move follows its rapid expansion into Delivery Hero in recent weeks.
The sharing and delivery giant, which is separate researched stablecoin payment methods as part of its investment, it increased its holding from 7% to about 19.5% of the funds issued on May 18, becoming the largest shareholder.
The price, which also includes 5.6% in call options, is worth about €1.7 billion based on the indicative price.
Construction progressed in April 2026, when Uber acquired a 4.5% stake from Prosus for approximately €270 million. Uber had said at the time that it had no intention of exceeding the 30% threshold that would trigger an official public offering under German securities laws.
The information provided on Saturday represents a more stable level than it has been in the past.
Strategic Analysis and Change Management
Delivery Hero has been reviewing strategies to provide long-term shareholder value. Most important is the interest in selling Baemin, its South Korean platform, at the same time Asian markets have grown very much.
CEO Niklas Östberg has confirmed that he will retire by March 31, 2027.
The agreement also takes place against a macro backdrop. Reducing geopolitical problems have supported the threat of appetite in the European industry in recent weeks, which may lead Delivery Hero to evaluate the timing of the delivery in line with the company’s long-term demand.
A note Uber Makes €33 Per Share Offer To Acquire Delivery Hero appeared for the first time BeInCrypto.
