On May 23 local time, German food delivery giant Delivery Hero announced and confirmed that Uber had submitted a preliminary intention proposal to acquire shares from all its shareholders at a price of €33 per share. Previously, Uber had already acquired a direct stake of 19.5% through purchasing stocks and related financial instruments, along with option rights for an additional 5.6%. If this acquisition is completed, it will help Uber expand its overseas markets and enhance its ability to compete with rivals such as DoorDash. Currently, relevant negotiations are still ongoing, and it remains uncertain whether an acquisition deal will ultimately be reached.
