Uber stalls European food delivery push as it pursues Delivery Hero takeover

Uber has paused its food delivery expansion across Europe, deciding not to launch in five of the seven new markets originally planned for this year. This strategic shift occurs as the ride-hailing company pursues a takeover of Delivery Hero. According to reports from FT, the company is prioritizing the potential deal over its immediate growth objectives in the European food delivery sector, effectively stalling its current market entry strategy to focus on the acquisition.