Uber in advanced talks to buy Delivery Hero, Bloomberg says

Uber Technologies is in advanced talks to acquire Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the matter. The report indicates the negotiations are at a late stage, but it does not say whether the companies have reached agreement or when any deal could be announced.

Delivery Hero, a German-based food-delivery business, would add another large player to Uber’s existing delivery operations, which include its Uber Eats platform. For Uber, expanding in food delivery has been a way to diversify beyond rides, particularly as mobility demand can fluctuate by city and macroeconomic conditions.

According to the Bloomberg report carried by Yahoo Finance, the talks are described as “advanced,” which typically suggests both sides have moved past early, exploratory discussions. However, the report does not provide the structure of a potential transaction, such as an all-cash offer, stock component, or financing plan, nor does it disclose whether regulators have been approached.

The same report does not include key deal metrics investors usually watch for, including an estimated purchase price, expected impact on earnings, or the timing of a possible shareholder vote. It also does not state whether Uber is considering a friendly acquisition, a take-private-style transaction, or any other specific arrangement.

For Delivery Hero, a sale would represent a major strategic pivot, depending on the scope of what Uber would ultimately seek. Food-delivery markets are intensely competitive across Europe, and consolidation can be driven by a desire to add scale, cut marketing and delivery costs, and strengthen restaurant partnerships.

From Uber’s perspective, the appeal of acquiring a major European delivery platform is scale and operational reach. Uber already has a global footprint through its app ecosystem and delivery brand, and adding a large local operator could potentially expand restaurant coverage and improve logistics. Still, acquiring an established competitor can also bring integration challenges, including aligning technology stacks, delivery networks, and labor arrangements.

Public disclosures are limited as of this report. Uber and Delivery Hero have not, in the cited post, confirmed that talks are underway or described their scope. Without official statements, it remains unclear whether the discussions will result in a definitive agreement, what terms might be on the table, or whether the parties could walk away.