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Uber Proposes Delivery Hero Takeover at €10 Billion Valuation

Uber Technologies Inc. has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about €10 billion ($11.6 billion) as it seeks to ramp up competition with DoorDash Inc. outside the US.

UberEats and Delivery Hero SE's Foodpanda food delivery bags on motorcycles in Taipei, Taiwan, on Tuesday, May 14, 2024. Uber Technologies Inc. is buying Foodpanda business in Taiwan for $950 million.
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