Uber Boosts Delivery Hero Stake In $318 Million Deal

Uber has agreed to raise its ownership stake in Delivery Hero in a deal valued at about $318 million, buying shares from technology investor Prosus, according to published reports.

Under the transaction, Prosus will sell a 4.5% stake in Delivery Hero to Uber. The deal values the stake at roughly $318 million, with reports also citing a price of about €270 million.

Delivery Hero is a global food-delivery company based in Germany, while Uber operates its ride-hailing and delivery businesses worldwide. Prosus, a major internet investment firm, has been a significant shareholder in several consumer internet and technology companies.

The agreement increases Uber’s exposure to the international food-delivery market through an ownership position in Delivery Hero. While Uber runs its own delivery platform, Uber Eats, the investment gives Uber an additional foothold in a separate operator with broad reach outside the United States.

The deal also represents a notable move by Prosus to reduce its position in Delivery Hero. Large shareholder shifts can influence corporate strategy, investor sentiment, and how much flexibility a company has as it navigates competition and changing consumer demand.

For Uber, the purchase adds to a portfolio approach that has, at times, included strategic stakes in other mobility and delivery companies. For Delivery Hero, the change in ownership brings a major U.S. technology company into a larger role among its shareholders, even as the company continues operating independently.

What happens next will depend on the completion of the share sale and any related regulatory or closing requirements that typically accompany transactions of this size. Delivery Hero’s shareholder register is expected to reflect Uber’s increased stake once the sale is finalized.

The development underscores how major players and large investors continue to reposition in the fast-moving global delivery sector through targeted equity deals.