Singapore-based food and grocery delivery lead brand for Delivery Hero in Asia
Uber has offered €41.50 per Delivery Hero share in a deal valuing the company at $14.8 billion. The all-stock transaction would expand Uber Eats across 99 countries and increase the overlap with its ride-hailing business. Regulators will scrutinize competition; 14 markets will be divested to SSW Partners to satisfy antitrust concerns. The deal is expected to close in H2 2027.
Grab reports strong Q2 results and lifts full-year outlook as AI-driven efficiency boosts margins; Grab is accelerating in Southeast Asia while pursuing Taiwan expansion. Rolls-Royce posts higher semi-annual profit guidance on defense demand and data-centre power growth, with AI-influenced efficiency lifting margins.