Uber Raises Delivery Hero Stake in €270 Million Prosus Deal

Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).

The ride-hailing company will purchase 4.5% from Prosus NV, the companies said Friday. The deal will bring its total stake in Delivery Hero to 7%, according to an Uber spokesperson.