New Companies
Sunday, 7/5, 10:37 AM
Uber Pauses Most European Eats Expansion as It Pursues Delivery Hero
- Uber has halted planned Uber Eats launches in five of seven new European markets while it pursues Delivery Hero, the Berlin-based delivery group it has approached with a non-binding €33-per-share offer and where it has built a stake of nearly 37%.
- The retreat shows how buying scale is beating building it in food delivery.