Uber to acquire Foodpanda Taiwan from Delivery Hero for $950M plus $300M share purchase

Uber Technologies, Inc

Acquisition price $950M cash for Foodpanda Taiwan; separate $300M in new Delivery Hero shares at €33/share.
Expected close in first half 2025, subject to regulatory approval and customary conditions.
Deal expected to contribute at least $150M annualized run-rate Delivery Adjusted EBITDA within 12 months of closing.
Combines Uber Eats and foodpanda in Taiwan, leveraging complementary geographic strengths.
One of the largest international acquisitions in Taiwan outside the semiconductor industry.

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