Uber Buys Delivery Hero Stake Amid Takeover Talks

Uber Technologies has significantly increased its investment in Delivery Hero by acquiring Aspex Management's shares. This move raises Uber's ownership to 36.83% and signals strong progress in ongoing negotiations for a potential full takeover of the German food-delivery giant. The acquisition of Aspex's stake solidifies Uber's position and indicates a strategic push to consolidate its presence in the competitive food delivery market, potentially reshaping the landscape for online food ordering services.