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Uber Takes Over Africa Food Delivery

2 entriesFri, Jul 17 – Sat, Jul 18E-commerce & Logistics

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  1. Sat, Jul 18LatestUnverified — not yet reviewed

    Uber Secures Control of Delivery Hero in $14.8 Billion Takeover

    Uber has secured controlling interest in Delivery Hero ahead of the completion of its $14.8 billion takeover, which will bring Glovo's African market operations under Uber's ownership. The deal directly reshapes last-mile food delivery competition across Nigeria, Kenya, and Egypt.

  2. Fri, Jul 17Unverified — not yet reviewed

    Uber Acquires Glovo and Talabat's African Operations in $16.9bn Delivery Hero Deal

    Uber is set to acquire the African operations of Glovo and Talabat as part of a $16.9 billion takeover of Delivery Hero, reshaping the food delivery landscape across Egypt, Kenya, and Nigeria. The deal hands Prosus a €2.1 billion exit on its Delivery Hero position.