Uber Increases Stake in Delivery Hero to Nearly 25 Percent
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American ride-hailing company Uber has increased its ownership stake in German food delivery platform Delivery Hero to nearly 25 percent. The move comes as investment fund Aspex reduced its holdings in the Berlin-based company, cutting its stake from 14.55 percent to 7.56 percent. Delivery Hero operates food delivery services across multiple international markets and has been expanding its presence in various regions including Asia and the Middle East.