{"id":606127,"date":"2026-05-22T18:45:00","date_gmt":"2026-05-22T18:45:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=606127"},"modified":"2026-05-22T18:45:00","modified_gmt":"2026-05-22T18:45:00","slug":"uber-builds-large-stake-in-germanys-delivery-hero-as-takeover-speculation-builds-3","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=606127","title":{"rendered":"Uber Builds Large Stake In Germany&#8217;s Delivery Hero As Takeover Speculation Builds"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Uber Builds Large Stake In Germany&#8217;s Delivery Hero As Takeover Speculation Builds<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-22\/uber-said-to-study-full-takeover-of-european-rival-delivery-hero?srnd=homepage-europe\">Bloomberg News<\/a> reports. This follows an earlier report that Uber had built a 19.5% stake.<\/p>\n<p>On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to people familiar with the matter.<\/p>\n<p>Uber&#8217;s move to acquire Delivery Hero could be an attempt to expand Uber Eats&#8217; global footprint and improve its competitive position against DoorDash outside the US.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2026-05-22_13-12-41.png?itok=KU8CxrIw\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2026-05-22_13-12-41.png?itok=KU8CxrIw\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"1349e446-4894-4fbe-bd43-1bfabf962ee6\" data-responsive-image-style=\"inline_images\" height=\"279\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2026-05-22_13-12-41.png?itok=KU8CxrIw\" alt=\"\" \/><\/a><\/p>\n<p>Delivery Hero operates in more than 60 countries, giving Uber exposure to markets where it is either underscaled or trailing its competitors.<\/p>\n<p>Map of Operatoins of Delivery Hero Brands<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2026-05-22_13-13-54.png?itok=0MJEC8TY\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2026-05-22_13-13-54.png?itok=0MJEC8TY\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"507f655b-0a1e-4ec6-aa17-59def9c761df\" data-responsive-image-style=\"inline_images\" height=\"253\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2026-05-22_13-13-54.png?itok=0MJEC8TY\" alt=\"\" \/><\/a><\/p>\n<p>&#8220;While Uber&#8217;s ultimate intentions on further stake-building remain unclear, we view the move as a clear endorsement of the strategic attractiveness of Delivery Hero&#8217;s asset base for Uber,&#8221; JPMorgan analysts wrote in a note.<\/p>\n<p>Earlier, Uber said it &#8220;currently&#8221; has no intention of increasing its stake in Delivery Hero beyond 30%.<\/p>\n<p>Delivery Hero shares in Frankfurt are up nearly 50% this year and have more than doubled from their March lows of around 15 euros. Uber shares were marginally lower in early afternoon trading.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_9d045a3c.png?itok=2Dj4Be57\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_9d045a3c.png?itok=2Dj4Be57\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"fd1aa019-868e-439c-bf97-cd54583047a0\" data-responsive-image-style=\"inline_images\" height=\"275\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_9d045a3c.png?itok=2Dj4Be57\" alt=\"\" \/><\/a><\/p>\n<p>Berenberg analyst Wolfgang Specht wrote in a note that Delivery Hero&#8217;s investment case has changed following news of Uber&#8217;s stake. He said it now seems prudent to assign value to scenarios that include a potential takeover.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Fri, 05\/22\/2026 &#8211; 14:45<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2026-05-22_13-12-41.png?itok=KU8CxrIw\" title=\"Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Uber Builds Large Stake In Germany&#8217;s Delivery Hero As Takeover Speculation Builds Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake. On Monday, Uber disclosed that it owns&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=606127\">Continue reading <span class=\"screen-reader-text\">Uber Builds Large Stake In Germany&#8217;s Delivery Hero As Takeover Speculation Builds<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":606105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[20,23],"tags":[],"class_list":["post-606127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-empowerment","category-national-security","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/606127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=606127"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/606127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/606105"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=606127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=606127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=606127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}