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Delivery Hero shares hit 18-month high following Uber bid news - Finance news and analysis from Global Banking & Finance Review
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Delivery Hero shares hit 18-month high following Uber bid news

Published by Global Banking & Finance Review

Posted on May 25, 2026

1 min read

· Last updated: May 25, 2026

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Delivery Hero Shares Jump to 18-Month High on Uber's Indicative Bid News

Delivery Hero Stock Surges Following Uber's Offer

Background on the Indicative Offer

FRANKFURT/MILAN, May 25 (Reuters) - Shares in Delivery Hero hit their highest level in 18 months on Monday after the German food delivery group said it has received an indicative offer from Uber and a Financial Times report said the U.S. rival was considering raising the bid.

Market Reaction and Valuation

Share Price Performance

Shares in the company traded 10% higher at 37 euros apiece at 0705 GMT, their highest level since late November 2024, valuing Delivery Hero at €11.2 billion ($13.04 billion).

Exchange Rate Reference

($1 = 0.8590 euros)

Reporting Credits

(Reporting by Christoph Steitz and Danilo Masoni; Editing by Emelia Sithole-Matarise)

Key Takeaways

  • Delivery Hero’s shares climbed ~10% to €37 on May 25—its highest since November 2024, valuing the company at about €11.2 billion⁠ (investing.com)
  • The indicative offer from Uber stands at €33 per share (~€11 billion), confirmed by Delivery Hero; Uber holds a ~19.5% stake and its board is weighing a higher bid after a major shareholder rebuffed prior valuation⁠ (investing.com)
  • Uber has become Delivery Hero’s largest shareholder with a ~19.5% holding and options for another 5.6%, following April’s acquisition of 4.5% from Prosus at €20/share⁠ (investing.com)

References

Frequently Asked Questions

Why did Delivery Hero shares reach an 18-month high?
Delivery Hero shares hit an 18-month high following news of an indicative offer from Uber and reports of a potential raised bid.
How much did Delivery Hero's share price increase?
Delivery Hero's share price traded 10% higher at 37 euros, reaching its highest value since late November 2024.
What is the new valuation of Delivery Hero after the stock surge?
Delivery Hero's market valuation rose to €11.2 billion ($13.04 billion) after the share price increase.
What role did Uber play in the rise of Delivery Hero’s stock?
Uber made an indicative offer and was reported to be considering increasing its bid, leading to the stock price surge.
Where was this news on Delivery Hero shares reported?
The news was reported by Reuters, referencing a Financial Times report about Uber's potential bid increase.

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