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US ride-hailing giant Uber has struck a 12.7-billion-euro ($14.6-billion) deal to take over German food delivery behemoth Delivery Hero, the latest consolidation in the industry, the companies said Thursday.- 'More opportunities' - Uber is offering 41.50 euros per share for Delivery Hero -- above their price on Thursday of nearly 39 euros -- valuing the transaction at 12.7 billion euros.

Uber Technologies (NYSE:UBER) has reached an agreement to acquire Germany’s Delivery Hero (TG:DHER) in a transaction valued at approximately $14. 8 billion, strengthening its international food delivery operations as competition across the sector continues to intensify.

The collaboration allows customers to have video games, consoles, accessories, collectibles and other electronics delivered from GameStop stores across the US.

German food delivery giant Delivery Hero said it supports Uber's €13 billion takeover offer, which would significantly expand the US ride-hailing company's global food delivery network.View on euronews

Lucid Group (LCID) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Uber Technologies (UBER) on Thursday disclosed its acquisition offer to buy Berlin-based Delivery He

German food delivery group Delivery Hero said Thursday it has agreed to be taken over by US ride-hailing giant Uber in a 12.7-billion-euro ($14.6-billion) deal.Uber is offering 41.50 euros per share for Delivery Hero, valuing the deal at 12.7 billion euros.

Uber Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.

Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's ‌largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global ‌presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.

Lucid Stock Surges as EV Company Rejects Bankruptcy Claims

The transaction is expected to be announced as early as Thursday, with Uber offering around €41 per share, the Financial Times reported.

Uber is set to take over Delivery Hero in a deal valuing the German food ‌delivery company at about €12.5 billion ($14.34 billion), the Financial ‌Times reported on Wednesday. Delivery Hero confirmed it was in advanced negotiations with Uber ​regarding a potential takeover offer on Tuesday. • Acquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats ‌food-delivery network in ⁠Europe, the Middle East, Asia and Latin America.

Uber Technologies stock has delivered a 55.6% gain over the past 5 years, yet recent weakness and a strong value score suggest the market may not be fully crediting its current fundamentals. For investors watching the debate around autonomous vehicles, food delivery consolidation and regulatory pushback, the key question is whether today’s price fairly reflects those cross currents. Over 5 years, Uber Technologies has returned 55.6%, which points to meaningful long term share price progress...

Pony AI appears better positioned than Uber in robotaxis, backed by global expansion, China growth and a largely domestic supply chain.

Lucid stock cratered 50% before staging a dramatic intraday reversal, but with a 31% Polymarket bankruptcy probability still lingering after the denial, traders are left wondering whether Wednesday's relief rally is a genuine turning point or just a dead cat bounce.

Uber’s rapid AI rollout boosted adoption across its engineering team — and sent costs soaring.

GameStop (NYSE:GME) has partnered with Uber Technologies (NYSE:UBER) to make its products available through the Uber Eats platform, giving customers across the United States access to on-demand and scheduled delivery of gaming products. Gaming products available through Uber EatsUnder the new agreement, customers can order a wide range of GameStop merchandise, including video games, gaming consoles, accessories and collectibles, directly through the Uber Eats app.

Uber said that customers can order gaming consoles, video games, collectibles, and electronics from participating GameStop stores nationwide.

Quality compounders are well-oiled machines. Their competitive advantages allow them to make profits consistently and reinvest them into projects that generate even more profits, creating a virtuous cycle of returns.

With an upside potential of 43.00%, Uber Technologies, Inc. (NYSE:UBER) is among the 12 Strong Buy Stocks with High Upside According to Analysts. On July 6, Wells Fargo lowered its price target on Uber Technologies, Inc. (NYSE:UBER) to $100 from $102 while maintaining an Overweight rating on the shares. The firm expects Uber to deliver another strong […]

Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sec

Gravity SUV production issues have hurt sales. The luxury EV maker slashed losses after denying denied a report that it's mulling bankruptcy.

Uber Technologies (NYSE:UBER) is in advanced talks to acquire Delivery Hero, a major European online food delivery company. The discussions focus on expanding Uber's delivery footprint across Europe through a large platform acquisition. The potential deal could draw regulatory attention and raise questions about capital allocation and integration. Uber Technologies enters these talks with Delivery Hero while its stock trades at $74.26. Over the past 3 years, NYSE:UBER has returned 63.2%,...

The deal could give Uber a much bigger food-delivery footprint outside the United States.

Lucid stock collapsed by half in a single afternoon after reports surfaced that the EV maker hired turnaround specialists to weigh options that range from going private to a potential court filing, and now shareholders are left waiting to find out which path the Saudi-backed automaker actually chooses.

Delivery Hero said talks are at an advanced stage, and didn’t comment on speculation regarding the price of the offer.

Uber stock was lower after Delivery Hero confirmed it was in "advanced negotiations" for a takeover from Uber.

Consumer stocks were lower Tuesday afternoon, with the State Street Consumer Staples Select Sector S

There is a certain kind of job that has always been there when everything else falls through. You need a car, a phone, and a clean record, and by tomorrow you can be earning. No interview. No résumé. Nobody deciding whether you fit. For a decade, that job has been driving for a rideshare app. It ...