Uber Acquisition of Delivery Hero and Glovo's Africa Operations
Sector: Warehouse • Location: Multiple African countries
Source: Streamline Feed
Uber Technologies has agreed to acquire German food delivery giant Delivery Hero in an all-cash transaction valued at USD 14.8 billion. This acquisition gives Uber complete control over Glovo's continental operations in Africa, consolidating its dominance in the on-demand delivery space across multiple African markets including Kenya, Nigeria, Uganda, Côte d’Ivoire, Ghana, Morocco, and Tunisia. Th
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Uber Technologies has agreed to acquire German food delivery giant Delivery Hero in an all-cash transaction valued at USD 14.8 billion. This acquisition gives Uber complete control over Glovo's continental operations in Africa, consolidating its dominance in the on-demand delivery space across multiple African markets including Kenya, Nigeria, Uganda, Côte d’Ivoire, Ghana, Morocco, and Tunisia. The deal also involves divestments of certain European and Middle Eastern markets to satisfy antitrust regulations. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |