Uber has agreed to purchase an additional 4.5% stake in German food delivery rival Delivery Hero.
The transaction is valued at approximately €270 million.
Dutch technology investor Prosus is selling the shares at €20 each.
This price represents a 22% premium to the recent volume-weighted average price.
The deal increases Uber's total holding in Delivery Hero to approximately 7%.
Prosus is divesting the shares to comply with European Commission regulatory requirements.
These mandates stem from the approval of Prosus's 2025 acquisition of Just Eat Takeaway.com.
Following the sale, Prosus will reduce its stake in the Berlin-based company from 26.3% to 21.8%.