Uber Technologies has increased its stake in Delivery Hero to 36.83% by buying Aspex Management’s share of the German food delivery platform, Bloomberg reported Wednesday (May 27), citing a regulatory filing...
Uber’s board reportedly met Saturday (May 23) to discuss increasing its offer for Delivery Hero. That’s according to a report Monday (May 25) from the...
European food delivery platform Delivery Hero says it has received a takeover offer from Uber. “Uber Technologies reached out with an indicative proposal of €33...
Delivery Hero and its Spanish unit Glovo are under investigation by Europe’s antitrust watchdog. The European Commission (EC) announced Tuesday (July 23) that it will probe whether the relationship between the two...
Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on...
Food delivery platforms have reportedly seen more than $20 billion in losses since going public. As the Financial Times (FT) reported Wednesday (May 29), shares...
Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and...
A now-abandoned deal between two food delivery giants got the attention of Singapore’s competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1)...