Uber and DoorDash are eyeing a takeover of Delivery Hero, the German food‑delivery giant in 40+ markets, a move that could reshape the on‑demand dining scene.

Uber and DoorDash held exploratory talks with investors in Delivery Hero as they assess a possible takeover bid, sources said on Saturday.

Delivery Hero, a German food‑delivery group active in more than 40 markets, has attracted interest from the two U.S. platform giants after a period of intense competition in the on‑demand dining sector.

Industry observers note that a combined bid could reshape the global delivery landscape, giving Uber and DoorDash a larger footprint in Europe and Asia where Delivery Hero maintains a strong presence.

Neither Uber nor DoorDash confirmed the discussions, and both companies declined to comment further.

Delivery Hero has not disclosed any formal approach, and its board has not announced any plans to sell or merge.

Analysts said the talks reflect a broader trend of consolidation as firms seek scale to offset rising labor costs and thin margins.

Regulatory approval would be required in multiple jurisdictions, and antitrust reviews could extend the timeline of any transaction.

Investors in Delivery Hero are reportedly weighing the offer against the company’s recent performance, which includes steady revenue growth despite a competitive market.

The potential deal, if announced, would join a series of recent strategic moves in the sector, including Stellantis’ 60‑billion‑euro plan and Volkswagen’s statements on plant capacity.

Market participants will watch for any official statements from the companies in the coming weeks.