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Originally published by Capital Business
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business
July 17, 2026
20h ago

Uber to acquire Glovo in Kenya, other markets in Sh1.95tn deal

Uber to acquire Glovo in Kenya, other markets in Sh1.95tn deal

The transaction, valued at Sh1.95 trillion, covers businesses operating under the Glovo brand in Africa, Asia, Middle East and Latin America...

✨ Key Highlights

Uber is set to acquire Glovo Kenya and other markets as part of a massive Sh1.95 trillion deal to purchase Delivery Hero’s food delivery business across 50 markets.

  • The deal's valuation is Sh1.95 trillion.
  • Key organizations involved are Uber, Glovo, and Delivery Hero.
  • This acquisition will significantly expand Uber’s presence in Kenya and other dynamic economies.

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