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Evening Standard

Holly Williams

Uber ups stake in Delivery Hero in £235 million deal

Delivery Hero Uber Just Eat Takeaway Just Eat European Union United States

Uber has bought a 4.5% stake in German rival Delivery Hero from Just Eat Takeaway owner Prosus (Alamy/PA) -

Uber has bought a 4.5% stake in German rival Delivery Hero from Just Eat Takeaway owner Prosus for about 270 million euros (£235.4 million), in a move to increase its holding in the European food delivery firm.

San Francisco-based Uber will up its stake in Delivery Hero to about 7%, after it previously snapped up about 300 million US dollars (£222.1 million) of shares in the group in May 2024.

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