Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Uber is nearing a Delivery Hero deal that could expand its food-delivery reach beyond the U.S.
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 14, 2:54 PM EDT

Uber is nearing a Delivery Hero deal that could expand its food-delivery reach beyond the U.S.

A report says Uber is closing in on a transaction involving Delivery Hero, a move that could reshape the company’s international food-delivery footprint. Details of price and timing were not provided in the initial report.

Uber is in late-stage discussions about a deal involving Delivery Hero, according to a Yahoo Finance report published Monday.

The report frames the potential transaction as a way for Uber to expand its food-delivery footprint outside the United States. In other words, it suggests the combined business could give Uber a larger presence in markets where Delivery Hero already operates.

For Uber, delivery services are a strategic growth lever because they can deepen customer engagement around on-demand ordering, especially where consumers have established behavior around restaurant delivery.

For Delivery Hero, a partnership or sale outcome like the one described by Yahoo would be a way to translate its network and restaurant relationships into a broader platform potentially backed by Uber’s mobility and logistics capabilities, though the report does not describe the operational plan.

The initial reporting does not spell out key transaction terms such as the purchase price, the structure of the agreement, regulatory filings, or whether the parties expect the deal to close quickly or after approvals. Without those items, investors and customers will likely have to wait for more formal disclosures.

In the broader restaurant-delivery market, consolidation has been a persistent theme as companies seek scale and negotiating leverage with merchants, as well as efficiencies in dispatching drivers and managing last-mile delivery.

Even if the deal proceeds, the most immediate practical question for customers is what happens to app experiences, restaurant selection, and delivery pricing in each geography, since Uber and Delivery Hero have historically operated on different product and operational frameworks.

Uber did not provide additional detail in the reported item beyond the characterization that the transaction is nearing completion, so there is still uncertainty about whether the talks result in a signed agreement and, if so, how much of Delivery Hero’s business would transfer to Uber.

Why It Matters

  • If completed, the deal could accelerate Uber’s international growth in food delivery by combining networks rather than building from scratch.
  • Consolidation can shift bargaining power with restaurants and affect delivery economics, especially in markets with dense delivery demand.
  • The transaction would be closely watched for regulatory review and for whether it changes how customers find and order from restaurants abroad.
  • How Uber integrates or rebrands Delivery Hero services could determine whether the benefit is measured in user adoption, merchant retention, or delivery reliability.

Sources

Key Facts

  • A Yahoo Finance report says Uber is closing in on a deal involving Delivery Hero.
  • The report suggests the transaction could expand Uber’s food-delivery footprint outside the United States.
  • The reported item, as described, does not provide deal price, structure, or timing.
  • No additional operational integration details were included in the initial report.
  • The report frames the development as part of competitive positioning in on-demand food delivery.

Autos & Transport Related

Aug 31, 5:22 PM EDT
The Apex Times

Dow slips after Trump AI warning, Tesla shares rise ahead of a key event

A broader market retreat in the Dow Jones followed a warning from President Trump about artificial intelligence. Tesla stood out with gains, while other stocks reportedly moved around important technical levels ahead of an upcoming catalyst.

Dow slips after Trump AI warning, Tesla shares rise ahead of a key event
The Apex Times
Uber is nearing a Delivery Hero deal that could expand its food-delivery reach beyond the U.S. | The Apex Times