Thursday, 16 July, 2026
Uber Eats the Competition
By TechShots Studio
Uber has launched a massive $14.8 billion takeover offer for Berlin-based Delivery Hero. The deal will create a massive global delivery platform spanning 99 markets across Europe, Asia, Latin America, and the Middle East, uniting major brands like Foodpanda and Talabat. To smooth the path for intense antitrust regulation, Uber will offload operations in 14 overlapping countries to an investment firm.
Read full story at REUTERS