Uber to Acquire Delivery Hero for $14.8 Billion, Expanding Mobility and Food Delivery Markets
Uber has agreed to acquire German food delivery company Delivery Hero in a deal valued at $14.8 billion. The acquisition includes the sale of certain overlapping businesses like Yemeksepeti and foodora to SSW Partners for approximately $1.6 billion, allowing Uber to expand its presence across multiple markets where it offers both mobility and delivery services.
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