Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

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Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

AI Summary

Uber has paused its food delivery expansion in Europe as it focuses on pursuing a deal with Delivery Hero. This strategic move reflects Uber's intent to consolidate its market position through potential acquisitions.

Markets Deals Uber Delivery Hero food delivery Europe expansion merger business strategy

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