NAIROBI, Kenya, July 17 – Uber is set to strengthen its position in Kenya’s digital delivery market after reaching an agreement to acquire Glovo Kenya as part of a wider global transaction involving Delivery Hero, according to Capital Business.
The publication reports that the deal, valued at approximately Sh1.95 trillion, will see Uber acquire Delivery Hero’s food delivery operations across nearly 50 markets spanning Africa, Asia, the Middle East and Latin America.
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The portfolio includes major delivery brands such as foodpanda in Asia, HungerStation in Saudi Arabia, talabat across Gulf countries, Pedidos Ya in Latin America, and Glovo operations in Kenya, Nigeria, Uganda, Morocco and several other markets. Together, these businesses generated a combined gross merchandise value of $42 billion in 2025, according to the report.
If regulators approve the transaction, Uber will combine its existing ride-hailing business in Kenya with Glovo’s food delivery and on-demand retail services, significantly expanding its presence in the country’s fast-growing digital commerce sector.
As quoted by Capital Business, Uber Chief Executive Officer Dara Khosrowshahi said:
“By bringing our platforms together, Uber will extend affordable, reliable delivery to many millions more people in some of the world’s most dynamic economies, while creating more opportunities for merchants and couriers.”
The report notes that Kenya’s online delivery market has continued to expand due to increasing smartphone adoption, rapid urbanisation and growing consumer demand for food delivery, grocery shopping and other quick-commerce services.
According to Capital Business, Delivery Hero’s Management Board and Supervisory Board have approved the proposed transaction, describing it as a strategic move to improve the company’s long-term competitiveness in an industry where scale is becoming increasingly important.
The publication also reports that Delivery Hero has separately agreed to sell its operations in 14 European markets, where Uber Eats and Delivery Hero currently compete, to New York-based investment firm SSW Partners for approximately €1.4 billion (Sh210 billion). Those operations include Glovo businesses in Spain, Portugal, Poland, Romania and Moldova.
The acquisition remains subject to regulatory approvals and other customary closing conditions. Once finalized, Uber’s combined mobility and delivery platform is expected to operate in 99 countries, with a projected gross merchandise value of approximately $236 billion based on 2025 figures.
Source: This story is based on reporting by Capital Business and has been rewritten with attribution.
