Delivery Hero Shares Soar as Uber Technologies Eyes Bigger Takeover Bid

Shares of Delivery Hero surged to an 18-month high after reports revealed that Uber Technologies is considering increasing its takeover bid for the German food delivery giant. The news sparked strong investor optimism, sending Delivery Hero’s stock up by as much as 12.7% to €37.85 and lifting the company’s market valuation to nearly €11.5 billion.

According to reports, Uber’s earlier proposal of €33 per share was rejected by a major shareholder, prompting discussions about a revised offer closer to €38 per share. Some investors are reportedly seeking more than €40 per share, reflecting growing confidence in Delivery Hero’s future growth prospects and expanding global footprint in the online food delivery sector.

The development marks a significant moment for the global delivery industry, where companies are increasingly exploring consolidation opportunities to strengthen market presence and improve profitability. Uber has already increased its position as Delivery Hero’s largest shareholder by raising its direct stake to 19.5%, further fueling speculation that a full takeover bid could materialize in the coming weeks.

Delivery Hero operates across multiple regions including Asia, Europe, the Middle East, Africa and Latin America, and has recently focused on enhancing profitability while expanding its quick-commerce and everyday delivery services. Industry analysts believe that a successful acquisition could reshape the competitive landscape of the global food delivery market, although regulatory approvals and antitrust reviews are expected to remain key challenges.

The sharp rise in Delivery Hero shares also highlights renewed investor confidence in digital commerce and delivery platforms. Market observers view Uber’s growing interest as a strong endorsement of Delivery Hero’s strategic value and long-term potential, especially as demand for online delivery services continues to expand worldwide.