Uber to acquire Delivery Hero in $14.8B all-stock deal

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Uber has agreed to purchase Delivery Hero in an all-stock transaction valued at $14.8 billion. The deal would nearly double Uber's global operational footprint in the food delivery sector. If completed, the combined entity would rank among the world's largest food delivery platforms outside of China. The acquisition signals Uber's ambition to significantly expand its presence in international delivery markets.

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