Delivery Hero Stock News

The company said Niklas Östberg would continue in his role due to the change in its situation.

Delivery Hero's board has signed off on Uber's $15 billion takeover offer and recommended shareholders approve the deal, which would create one the largest on-demand food delivery platforms in the world.

The German delivery company said its management and supervisory boards had independently reviewed the U.S. giant's offer.

Competition has been "pretty brutal" in some of Delivery Hero's key markets over the past couple ​of years, but growing its subscriber base has helped ‌the business, CEO Niklas Östberg said on Thursday.

The company now projects on-year like-for-like group revenue growth of 17% to 19%, up from 14% to 16% previously.

German online takeaway food company Delivery Hero , ‌subject to a takeover offer by U.S.-based rival Uber , lifted its guidance for 2026 on Thursday, helped by strengthening demand and improved profitability.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s planned acquisition of Delivery Hero (XETRA:DHER, OTCQX:DLVHF) could strengthen its cross-platform strategy and create additional opportunities to grow customer engagement, according to Jefferies, which highlighted the strategic benefits of the $14.8 billion transaction. Jefferies wrote that the combination could increase the value of Uber One and ...