Uber to acquire German food delivery company Delivery Hero
The US ride-hailing giant Uber has reached an agreement to purchase the German food delivery group Delivery Hero in a deal valued at 12.7 billion euros.
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The German food delivery firm Delivery Hero confirmed on Thursday that it has agreed to a takeover by the US-based company Uber. The transaction is valued at 12.7 billion euros. According to The Local, the announcement formalises the acquisition of the German enterprise by the international ride-hailing giant.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.supports: The Local Europe