Uber becomes top shareholder in Germany's Delivery Hero

Uber has become the top shareholder in Delivery Hero with a 19.5 percent stake. The move puts the firm ahead of Prosus as shares in the company rose on Monday.

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UBER TECHNOLOGIES INC became the largest shareholder in Germany-based DELIVERY HERO SE after increasing its stake to 19.5%. The move pushes Uber ahead of Netherlands-based PROSUS NV, which previously held 16.8%. The shift signals consolidation in global food delivery.

Uber Overtakes Prosus as Lead Investor

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