Uber

UBER

Market cap $143B

Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s increased stake in Delivery Hero (XETRA:DHER, OTCQX:DLVHF) and reported takeover approach could materially raise the probability of a full acquisition, while also introducing potential capital allocation and execution trade-offs that may temper near-term investor enthusiasm, according to Jefferies analysts. Uber has reportedly lifted its holding in Delivery Hero to 25% (37% including instruments), up from 19.5% previously, following disclosures tied to a recent voting rights filing.

Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

The global food delivery market has entered a consolidation phase, a high-stakes endgame where regional players are absorbed by highly capitalized platforms. This structural shift now centers on Berlin-based Delivery Hero OTCMKTS: DLVHF, which has become the focal point of a strategic bidding war between U.S. giants Uber Technologies NYSE: UBER and DoorDash NASDAQ: DASH.

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 by Delivery Hero. The deal also raised Uber's voting rights attached to shares to 24.99%, according to the report.

Uber is becoming increasingly attractive as the stock now trades at around 12x forward cash flow. The most recent quarterly report confirmed once again that GAAP profitability will continue improving. Scaling the delivery segment is a major pillar in Uber's growth strategy, and a deal for Delivery Hero could be highly accretive for shareholders.

Toronto, Ontario--(Newsfile Corp. - May 27, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that it has secured a multi-year, exclusive national agreement with Uber Eats, Uber Technologies (NYSE: UBER) food delivery platform, to support Happy Belly's growing portfolio of corporate and franchised restaurant locations across Canada. Happy Belly 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/298987_4e32ed83845edb22_002full.jpg This national partnership establishes Uber Eats as Happy Belly's exclusive third-party delivery marketplace partner and is designed to drive meaningful benefits for every franchisee and corporate location through improved service levels, streamlined support, and more competitive commercial terms.

Hotels will be able to request, track and bill Uber rides within Mews' hotel operating system. This capability will be enabled by a new strategic partnership in which the companies will embed ride booking, real-time tracking and integrated billing into the platform, Mews said in a Tuesday (May 26) press release.

Uber stock fell following news it is weighing a takeover of European food delivery business Delivery Hero for $11.6 billion.

Uber will continue to dominate the ride-hailing market. MercadoLibre has plenty of room to expand in Latin America.

Ride-share drivers for app-based companies such ​as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was ‌the first officially recognized organization in the U.S. to represent such gig workers.