Uber's Delivery Delusions: A Recipe for Burnout? Uber has raised its stake in Delivery Hero, a German food delivery company, sparking concerns about the tech giant's ambitions and motivations.
According to Bloomberg, on May 18, Uber increased its ownership in Delivery Hero, now holding 19. 5% of the company post acquisition, with an additional 5. 6% tied up in options.
This move follows a familiar pattern: Uber's relentless expansion into new markets and services through strategic acquisitions or investments.