Uber’s $14.8B Delivery Hero deal would nearly double its global footprint

After weeks of speculation, Uber officially agreed to acquire Delivery Hero, a purchase that will take the ride-hailing and delivery giant’s status to new heights, and nearly 100 markets across Europe, the Middle East, Latin America, and Asia.

German-based Delivery Hero also made a separate agreement to sell its business in 14 markets, where Uber Eats is already operating, to New York-based investment firm SSW Partners for $1.6 billion.