UBER
Uber’s appetite is back
Uber is making an $11.6 billion takeover bid for Delivery Hero, according to the headline here. That’s not exactly pocket change; that’s “write a check and hope the board doesn’t choke on its coffee” money.
Why investors should care
For Uber, this is about more than just adding another name to the portfolio. A deal like this could deepen its footprint in food delivery and give it more scale in a part of the business where size matters almost as much as speed.
If the bid lands, you’d be looking at a bigger, more global delivery machine. If it gets swatted away, then Uber’s strategy may stay stuck in the land of rumors, spreadsheets, and ambitious PowerPoints.
The big picture
The takeaway is simple: Uber isn’t acting like a company that’s satisfied with ride-hailing and delivery as separate lanes. It wants more density, more reach, and more leverage. Big picture: when a company starts shopping in the $11 billion aisle, it’s usually not shopping for snacks.