Uber’s $14.8 Delivery Hero deal advances, wins backing for Glovo deal

Ohayo,

Victoria from Techpoint here,

Here’s what I’ve got for you today:

• Uber wins backing for Glovo deal
• The startup that tried to digitise Danfos
• Kenya court blocks 18% ride-hailing cap

Uber wins backing for Glovo deal

The food-delivery world is getting a little smaller. Delivery Hero’s management and supervisory boards have backed Uber’s €13 billion takeover offer, clearing an important hurdle in the deal that would bring brands including Glovo, foodpanda, Talabat, and HungerStation under Uber’s wider delivery business. Uber announced the deal on July 16, 2026, offering €41.50 per share for the remaining Delivery Hero shares it does not already own. If completed, the combined business would span 99 countries and have $236 billion in gross bookings in 2025. The deal still needs shareholder and regulatory approvals and is expected to close in the second half of 2027.

For Africa, this is a big deal because Glovo is a major part of the package. Uber is set to take over Glovo’s operations in several African markets, including Kenya, Nigeria, Uganda, Côte d’Ivoire, Morocco, and Tunisia, while some of Delivery Hero’s overlapping businesses in other regions will be sold separately to SSW Partners to ease regulatory concerns. That means Uber could eventually have both its ride-hailing service and Glovo’s food and quick-commerce operations under the same roof in several African markets.

And this comes at an interesting moment for Uber in Africa. Just two days before the board backing was reported, Uber announced that it was ending its ride-hailing operations in Nigeria and Uganda on September 2, 2026, after 12…