XTRA:DHERHospitality
Uber Stake In Delivery Hero Reshapes Shareholder Mix And Future Prospects
Uber has acquired a 4.5% stake in Delivery Hero, funded by a partial sell down from major shareholder Prosus.
The transaction reshapes the ownership structure of Delivery Hero and links two large global food delivery platforms.
The deal draws attention to Delivery Hero’s current market valuation and its role in the competitive food delivery sector.
For investors tracking XTRA:DHER, the new tie between Delivery Hero and Uber comes at a time when the share price sits at €21.19. The stock has...