Delivery Hero’s board has endorsed Uber’s $15 billion offer to acquire the company, urging shareholders to approve the deal. Both the supervisory and management boards believe this acquisition aligns with the best interests of the company, its investors, employees, and other stakeholders. They also noted the offer price as fair and adequate and highlighted the potential for the combined firm to accelerate innovation in its product lineup.

If the takeover is completed, Uber would significantly expand its global reach by doubling its delivery network footprint, becoming one of the world’s largest food delivery platforms outside China. This consolidation would enhance Uber's competitive stance against major rivals such as DoorDash and Just Eat Takeaway. Uber currently holds the largest stake in Delivery Hero and requires acceptance from a majority of shareholders, with at least 50% plus one share, to finalize the acquisition.

Prosus, a prominent Delivery Hero shareholder, has also agreed to divest its 17% holding. Delivery Hero has previously agreed to offload its operations in 14 markets overlapping with Uber Eats to New York investment firm SSW Partners for $1.6 billion. This deal is part of a wider wave of consolidation in the food delivery sector, which has seen moves such as Uber’s acquisition of Getir for $335 million and DoorDash’s purchase of the U.K.-based Deliveroo for nearly $3.9 billion.

The merger, once approved, will create one of the largest entities in on-demand delivery, reshaping competitive dynamics in the sector. Uber’s strategy underscores the ongoing consolidation trend as major players seek scale and innovation to dominate the rapidly evolving global delivery market. Industry watchers will be paying close attention to shareholder votes and regulatory approval in the coming months.