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.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- UBER Lifts German Food-Delivery Bet as It Chases DoorDash in Europe; Stock Rises
- Private Markets: Slate Auto, Plata land major rounds
- Uber (UBER) Looks Undervalued as the Market Misses the Story
- Google’s Waymo Doubles Down in Florida as It Races Tesla and Uber
- EV Maker Lucid Stock (LCID) Plunges 7% Today; Here’s Why
