Delivery Hero in Podcasts
companyParent company of Talabat, based in Germany, operating in multiple countries.
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The potential takeover follows a string of recent stock purchases by Uber, making it the company's largest shareholder in recent weeks, and would continue a pattern of food delivery consolidations after DoorDash agreed to buy Britain's Deliveroo in a roughly $4 billion cash deal last year.
Shares in Delivery Hero surged 10% today in Germany following an $11 billion takeover offer by Uber this weekend.
Uber said to be in talks to buy Germany's Delivery Hero in a full takeover deal that would help DoorDash compete outside of the U.S.
Yes, owned by Delivery Hero Germany, the mother company, Delivery Hero.
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