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Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media ‌reports that the U.S. ride-hailing and food-delivery company is pursuing the German ‌group. The statement followed a Bloomberg News report that Uber was in advanced talks to acquire Delivery Hero ​and could reach an agreement as soon as this week. The report said a deal would likely value Delivery Hero at well above its recent trading price of around 36 euros per share.

Uber's operating income just surged 56% while its stock trades nearly 20% below last year's peak, and the gap between those two facts is exactly what investors need to understand right now.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8) is in advanced talks to acquire German food-delivery company Delivery Hero (XETRA:DHER, OTCQX:DLVHF), according to a Bloomberg report, with the companies aiming to finalize a takeover agreement as soon as this week. Shares of Delivery Hero...

European stock markets closed slightly higher in Tuesday trading, with the Stoxx 600 increasing 0.1%

All three major US stock indexes were up in late-morning trading, as the big banks kicked off earnin

Investing.com -- Delivery Hero SE (ETR:DHER) shares surged 5.5% following a Bloomberg report that Uber Technologies Inc. (NYSE:UBER) is in advanced talks to acquire the German food-delivery company. Uber stock fell 2% on the news.

Uber Technologies is in advanced talks to acquire ‌German food-delivery company Delivery Hero, ‌Bloomberg News reported on Tuesday, citing people familiar ​with the matter. The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, ‌the report ⁠said. A transaction would likely value Delivery Hero at well above ⁠its recent trading price of around €36 ($41.23) per share, according to Bloomberg.

(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU

A Buy reiteration at $110 highlights World Cup tailwinds and AV partnership updates as key metrics to watch

Uber Chief Product Officer Sachin Kansal walks TechCrunch through the company's financial-services ambitions, its increasingly complicated relationship with Waymo, its new AV Labs data operation, and how AI is starting to show up in ways riders and drivers will actually notice.

Washington, D.C. has become a battleground for Uber and Waymo's competing views.

WeRide Inc. (NASDAQ:WRD) has declined more than 44% over the past 6 months, mainly due to investor concerns regarding rising US-China trade tensions, significant cash burn, and rising market competition. Despite the decline, analysts continue to maintain a bullish outlook with their 12-month average price target suggesting more than 150% upside from the current levels. […]

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.

Editor’s Note: This story has been updated to correct details related to Intel (INTC). When it comes to tracking the trading activity of members of Congress, former Speaker of the House Nancy Pelosi (D-Calif.) has been among the most followed....

While investors fixate on Tesla's vehicle deliveries and margins, a quieter transformation is underway that positions the company to compete directly with the hyperscalers reshaping the global economy.

In a classic “Friday news dump,” Apple filed a federal lawsuit in California against OpenAI, accusing its once-partner of stealing some of its trade secrets. Specifically, it’s alleging that two of its former employees brought proprietary and confidential information about its hardware to OpenAI when they joined. The lawsuit calls to mind Waymo’s trade secret theft lawsuit against Uber, filed in 2017. Similarly, a well-established tech giant publicly accused a fast-ascending private company, loc

Alex Karp called out OpenAI and Anthropic by name on live television, sent Palantir stock surging 8%, and argued that enterprises are done paying for tokens. The question is whether his numbers back up the swagger or just paper over a valuation that has Michael Burry betting against it.

If you drive for Uber (NYSE:UBER), deliver for DoorDash (NASDAQ:DASH), or shop for Instacart (NASDAQ:CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That is exactly why the IRS treats you as both the employer and the employee of your own one-person business, and why a Solo 401(k) lets you shovel ... Uber and DoorDash Drivers Think They Have No 401(k). The IRS Lets Them Build a $72,000 One but Almost Nobody Does

Uber Technologies (NYSE:UBER) has introduced new contract provisions that require plaintiffs to disclose third party litigation funding arrangements in lawsuits against the company. At the same time, rideshare drivers are organizing protests in response to rapid automation efforts and reports of AI driven pay cuts. These developments are reshaping Uber's legal posture and raising fresh questions about the future role of human drivers on the platform. Uber Technologies sits at the center of...

Specialized dominance vs. global scale, one trades at a steep premium while the other boasts triple the profit margin.

Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.

Sen. Mark Kelly (D-Ariz.) introduced his "Aging With AI Act" to study how artificial intelligence (AI) tools, including chatbots, were affecting older adults and to better understand the technology’s potential benefits and risks. Kelly’s AI Safety Push For Seniors On...

Here is a way to get paid a meaningful cash income, right now, on DoorDash shares you already own, income you keep no matter what the stock does, in exchange for capping your gains above a higher price.

Niles Investment Management founder and portfolio manager Dan Niles comes on Market Domination to explain why he believes AI is hitting a "speed bump," especially as companies pull back from tokenmaxxing practices and attempt to cut back on artificial intelligence costs.

Jeff Bezos spent a quarter-century building Blue Origin with his own money. Now, outside investors are finally getting a chance to get a seat at the table. During a recent TBPN discussion, John Coogan broke down Blue Origin’s reported $10 billion fundraising round at a $130 billion valuation, which is the company’s first external capital ... TBPN’s John Coogan: “People Can’t Really Complain.” Here’s Why Blue Origin Is Worth $130 Billion.

Avis Budget sent a torrent of cash back to its owners, but a look at the stock chart raises a sharp question about what that money truly bought.

Lyft CEO David Risher unpacks his playbook with Yahoo Finance Executive Editor Brian Sozzi for turning the rideshare giant around, from ending traditional surge pricing and mandating a return-to-office, to building a hybrid future of human drivers and Waymo robotaxis.

Alphabet-backed Waymo remains far ahead of robotaxi rival Tesla and Amazon-owned Zoox, adding Las Vegas and three other cities.

UBER's gross bookings strength, driven by Mobility, Delivery, Uber One and app upgrades, may support Q2 results despite Middle East tensions.

The former House Speaker has attracted widespread attention — and criticism — over her well-performing and diverse portfolio in the past.