Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTJeffrey Neal Johnson, MarketBeatThu, July 16, 2026 at 6:35 PM GMT+2 6 min readKey PointsInterested in Uber Technologies, Inc.? Here are five stocks we like better.Uber Technologies is proposing to acquire Delivery Hero for roughly $12.8 billion, valuing shares between $37 and $43, consolidating global food delivery.Before formal negotiations, Uber quietly built a 37% stake in Delivery Hero through block trades with Aspex Management and Prosus while halting European expansion to ease regulatory scrutiny.Uber's core operating income rose 56.6% year-over-year to $1.92 billion, supported by 50 million Uber One members and a new $3 billion share buyback program.The gig economy once operated under a very simple, highly capital-intensive mandate: capture user market share at any cost. For years, mobility and delivery platforms set cash on fire to win individual zip codes. That era of localized land grabs has effectively concluded. Investors are watching a structural pivot unfold in real time.The proposed takeover of Delivery Hero SE (OTCMKTS: DLVHF) by Uber Technologies (NYSE: UBER) marks the final stage of global food-delivery consolidation.→