Uber to Take Over Glovo Morocco in $15 Billion Delivery Hero Deal

Marrakech – Uber Technologies has agreed to acquire Delivery Hero in a deal valued at $14.8 billion, a transaction that places Glovo’s Moroccan operations under American ownership and reshapes the food delivery market across dozens of countries.

The two companies announced a business combination agreement on July 16, extending what both describe as the world’s largest mobility and delivery platform to 99 countries, with combined pro-forma gross merchandise value of $236 billion in 2025.

Under the voluntary takeover offer,