Trending Now - Uber Increases Investment in Delivery Hero With €270M Purchase

WHO:

Techmeme - Uber Technologies Inc. is involved in the transaction.

Financial Times - Delivery Hero SE is the German food delivery rival.

Bloomberg Markets - Prosus is the largest shareholder of Delivery Hero.

WHAT:

Techmeme - Uber has agreed to pay approximately €270 million for an additional 4.5% stake in Delivery Hero.

Bloomberg Markets - The purchase will increase Uber's total stake in Delivery Hero to approximately 7%.

Financial Times - Prosus is reducing its stake in Delivery Hero due to EU competition concerns.

WHERE:

Techmeme - The transaction involves Delivery Hero, which is based in Germany.

WHEN:

Bloomberg Markets - The deal was reported on April 17th, 2026.

WHY:

Financial Times - Prosus is reducing its stake in Delivery Hero over concerns related to EU competition.

HOW:

Bloomberg Markets - Uber is acquiring the stake from Prosus, which is Delivery Hero's biggest shareholder.

(UPDATED April 17, 2026 11:18 UTC)

Uber has agreed to pay approximately €270 million for an additional 4.5% stake in Delivery Hero, increasing its total stake to about 7%. This transaction, reported on Friday, involves Prosus, the largest shareholder of Delivery Hero, reducing its stake due to concerns related to EU competition. The deal highlights Uber's ongoing investment in the German food delivery market, as it acquires the stake directly from Prosus.