Uber acquires Delivery Hero in $14.8 billion deal

In a separate transaction, New York-based investment firm SSW Partners agreed to acquire Delivery Hero's businesses in 14 markets, including foodora in Austria, Norway, and Sweden, Glovo in Spain and Poland, and Yemeksepeti in Turkey, for approximately $1.6 billion. Those operations generated $11 billion in gross bookings in 2025. SSW said it will seek buyers for those assets after the transaction closes.