Uber Acquires 4.5% Stake in Delivery Hero for $318 Million

Uber Technologies has agreed to acquire an additional 4.5 percent stake in Delivery Hero from Prosus for approximately 270 million euros, or about 318 million dollars, boosting its ownership in the global food delivery company to around 7 percent. The transaction, announced on Friday, involves the purchase of 13.6 million shares at 20 euros each and represents Uber's second investment in the Berlin-based firm following a 300 million dollar purchase of newly issued shares in May 2024.

The deal price reflects a 22 percent premium to Delivery Hero's one-month average share price but falls below the stock's Thursday closing level of 20.14 euros. Delivery Hero's shares rose about 8.5 percent on the news, closing higher after a 7 percent gain the previous day. Uber's stock increased by around 0.8 percent in early trading, while Prosus shares showed modest gains of about 0.4 percent.

Prosus, a Dutch technology investor and subsidiary of South Africa's Naspers, is divesting the stake to meet conditions imposed by the European Commission for its 4.1 billion euro acquisition of Just Eat Takeaway.com, which closed in October 2025. Regulators required Prosus to reduce its holding in...