Uber is buying Glovo’s parent company. In Kenya, that means Uber will own Glovo
The €13 billion takeover puts Kenya's biggest delivery app and Uber Eats under one owner, pending regulatory approval expected in 2027..
✨ Key Highlights
Uber is set to acquire Glovo's parent company, Delivery Hero, in a deal valued at approximately €13.0 billion (roughly $14.8 billion). This acquisition means Uber will own both Glovo and Uber Eats in Kenya.
- Uber is acquiring Delivery Hero's operations in 50 markets, including Kenya.
- The deal, announced on 16 July 2026, is expected to close in the second half of 2027 pending regulatory approval.
- In Kenya, Glovo is the largest food and grocery delivery app, while Uber Eats also operates, making this a significant consolidation for the Kenyan market.
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Uber to Acquire Glovo’s Parent Company for €13 Billion - July 2026
Uber is set to acquire Glovo's parent company Delivery Hero in a deal valued at approximately €13.0 billion (roughly $14.8 billion). This acquisition means Uber will own both Glovo and Uber Eats in Kenya, consolidating its position in the Kenyan food delivery market. Separately, Stanbic Bank Kenya has appointed Michael Mutiga as its new chief executive officer, succeeding Abraham Ongenge who has been acting CEO. In another business development, Airtel Money has transitioned its Rudishiwa transaction rewards from airtime top-ups to cashback deposited into a new Bonus Wallet, offering greater flexibility to users though the change has yet to be formally announced.
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