Uber agrees to buy Foodora owner Delivery Hero in $14.8 billion deal
American Uber Technologies has reached an agreement with major shareholders to buy German Delivery Hero, which owns the food delivery company Foodora, among others.
BusinessAmerican Uber Technologies has reached an agreement with major shareholders to buy German Delivery Hero, which owns the food delivery company Foodora, among others.
BusinessGermany's Delivery Hero, which owns Swedish food delivery company Foodora, is surging on the Frankfurt Stock Exchange after U.S. ride-hailing firm Uber Technologies made a bid for the company, Dagens Industri reports.
BusinessShares in American company Uber Technologies fell sharply, down 6 percent in futures trading on Wall Street after an unexpectedly weak profit forecast.
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