Trending Now - Uber Boosts Delivery Hero Stake to 37% Amid Takeover Talks

WHO:

Techmeme - Uber, Delivery Hero, Aspex Management

Bloomberg - Uber, Delivery Hero

WHAT:

Techmeme - Uber has increased its stake in Delivery Hero to approximately 37% by acquiring Aspex Management's 14.6% share.

Techmeme - The acquisition was made at a €12 billion valuation.

Bloomberg - Uber has proposed to take over Delivery Hero in a deal that would value the company at about $11.6 billion.

WHERE:

Techmeme - Germany (referring to Delivery Hero as a German food delivery company).

WHEN:

Bloomberg - The takeover offer was made last week.

WHY:

Bloomberg - Uber seeks to ramp up competition with DoorDash outside the US.

HOW:

Techmeme - The share purchase from Aspex Management steps up Uber's pursuit of Delivery Hero.

(UPDATED May 27, 2026 23:26 UTC)

Uber has increased its stake in Delivery Hero to approximately 37% by acquiring a 14.6% share from Aspex Management, a move that values the German food delivery company at around €12 billion. Last week, Uber proposed a takeover of Delivery Hero in a deal estimated at about $11.6 billion as part of its strategy to enhance competition with DoorDash outside the U.S. This acquisition marks a significant step in Uber's pursuit of Delivery Hero, further solidifying its position in the global food delivery market.