Uber, DoorDash Begin Talks on Acquiring Delivery Hero

Uber and DoorDash are in contact with major investors in Delivery Hero to discuss a possible acquisition. The two companies have held talks about considering a takeover bid for Delivery Hero. The discussions took the form of direct contact with investors.

The discussions are exploratory conversations about the possibility of a takeover bid. To date, neither company nor Delivery Hero has made public a formal acquisition proposal or specific terms. The discussions remain confidential.

Delivery Hero operates delivery services in Europe and parts of Asia. Uber operates Uber Eats, while DoorDash runs a delivery business focused on the United States. The business overlap among the three companies is the backdrop to the discussions.

Until an official announcement is made, specific transaction terms, such as the size of the deal and the method of financing, cannot be confirmed. Whether the deal is subject to legal approval or regulatory review will need to be confirmed from materials released later. No documents have been made public at this time.

The progress of discussions and the final decision will be confirmed through official announcements by the companies in the future. Further details are expected to be disclosed when investor disclosures or company press releases are issued. For now, only the fact that discussions are taking place has been confirmed.

It remains uncertain whether this contact will lead to an actual acquisition or what form the acquisition would take. Related information should be confirmed through official announcements by the companies and investor disclosures. More details will be disclosed if a filing is made in the future.