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Uber expands stake in Delivery Hero

Delivery Hero notes that Uber (UBER) has acquired additional 13,582,342 shares of Delivery Hero from Prosus, representing approximately 4.5% of Delivery Hero’s issued capital. Niklas Ostberg, CEO and Co-Founder of Delivery Hero, said: “We welcome Uber’s additional investment in Delivery Hero. As a global tech leader, Uber’s increased position is a meaningful endorsement of our platform, our strategy, and our ongoing work to deliver long-term value for all shareholders.”

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