Delivery Hero

Public company

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Latest on Delivery Hero

Featured · Deals

Uber's $2.3 Billion Catering Buy Targets the Orders AI Agents Cannot Re-Shop

Uber paid about 0.9 times trailing gross bookings in cash for ezCater, under a quarter of its trailing free cash flow, while a $14.8 billion Delivery Hero deal and a throttled buyback compete for the same dollars. The bet is on budgeted workplace meals and ad receipts a price-shopping agent cannot arbitrage.

October 6, 2026 · 3 min read

Deals
Uber keeps buying local dominance, and this week regulators sent the bill
Saudi Arabia's competition authority is examining Uber's $14.8 billion Delivery Hero takeover, days after South Korea opened its own review and Hong Kong capped ride-hail permits at a third of Uber's ask. The consolidation leg of Uber's growth model is acquiring a regulatory price, market by market.
September 26, 2026 · 2 min read

Market snapshot

Latest on Delivery Hero

Uber's $2.3 Billion Catering Buy Targets the Orders AI Agents Cannot Re-Shop

Uber keeps buying local dominance, and this week regulators sent the bill

Market snapshot

Latest on Delivery Hero

Uber's $2.3 Billion Catering Buy Targets the Orders AI Agents Cannot Re-Shop

Uber keeps buying local dominance, and this week regulators sent the bill