[BUSINESS]■ STORY TIMELINE

UBER RAISES DELIVERY HERO STAKE TO 19.5%

Uber has increased its ownership stake in German food delivery company Delivery Hero to 19.5%, up from 7% in April. The company stated it has no intention to acquire 30% or more of Delivery Hero's voting rights.

5 SOURCESFIRST SEEN MAY 18, 06:00 PM► READ THE ARTICLE

Bloomberg Tech+0m

Uber Boosts Stake in Delivery Hero, Says No Takeover for Now

Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambiti…

Techmeme+50m

Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it "has no intent to acquire 30% or more" of Delivery Hero's voting rights (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg: Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no i…

Techmeme+4d 16h

As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg: As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is…

Techmeme+4d 21h

Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday (Anusha Shah/Reuters)

Anusha Shah / Reuters: Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76%…

Techmeme+6d 2h

Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-share bid, valuing the group at €11.5B+, but was rebuffed (Financial Times)

Financial Times: Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-…

◄ BACK TO ARTICLE