Uber Is Taking Over Glovo and Talabat’s African Operations in a €14.8bn Delivery Hero Deal

Uber is set to inherit the African delivery businesses of Glovo and Talabat as part of a €14.8 billion ($16.9 billion) takeover of Germany’s Delivery Hero, a deal that hands the San Francisco company a much larger footprint across some of the continent’s fastest-growing food delivery markets. Announced on a Wednesday, the agreement sees Uber offer €41.50 a share in cash for the Frankfurt-listed group, which runs local delivery brands in more than 60 countries. To clear antitrust hurdles in marke