Uber Increases Stake in Delivery Hero to 19.5%
Uber Technologies (UBER) has increased its ownership stake in food delivery company Delivery Hero (DHER.D.DX) from Prosus, now holding a 19.5% share valued at approximately €1.7 billion. The move is seen as strategic for Uber to expand its presence across Europe, Asia, and Latin America through capital-efficient means.
Tickers: $UBER
Topics: Delivery Hero Stock Movement Strategic Investment Uber