Uber Technologies, Inc.

MobilityFounded 2009

Last reviewed: July 2026

Explore Uber Technologies

Core profile pages, annual revenue records, and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

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Uber Technologies, Inc.

MobilityFounded 2009

Reviewed by Swet Parvadiya

Last reviewed: July 2026

Acquisitions

Uber Technologies Acquisitions

Total Acquisitions

$24.6B

Disclosed Deal Value

Delivery Hero (pending offer)

2026

$14.8B

Why

Uber announced a voluntary takeover offer for Delivery Hero to expand its global delivery platform and nearly double the number of markets where it offers both mobility and delivery.

Impact

If completed, the transaction would add Delivery Hero operations across 50 markets, while 14 overlapping markets are planned to be sold separately to SSW Partners.

Outcome

Pending. Uber's official release says closing is expected in the second half of 2027, subject to offer conditions and regulatory approvals.

Drizly

2021

$1.1B

Why

Uber acquired Drizly to enter alcohol delivery more deeply and expand Uber Eats beyond restaurant meals. Drizly brought relationships with local alcohol retailers and compliance experience in a regulated category.

Impact

The acquisition gave Uber expertise in beverage alcohol delivery, but the standalone Drizly model did not fit as cleanly into Uber's courier-led marketplace as Postmates did. Cybersecurity scrutiny around Drizly and the complexity of alcohol regulation reduced the attractiveness of maintaining a separate app.

Outcome

Uber shut down the standalone Drizly service in 2024 and shifted focus to alcohol ordering inside Uber Eats. The acquisition therefore produced category learning and merchant relationships, but it was not a successful standalone brand investment.

Transplace

2021

$2.3B

Why

Uber Freight acquired Transplace to add managed transportation software, enterprise shipper relationships, and logistics execution capabilities. The goal was to move Uber Freight beyond spot-market brokerage into a fuller shipper-to-carrier operating system.

Impact

Transplace gave Uber Freight scale with enterprise customers and a broader managed transportation offering. It also increased exposure to freight cycles, enterprise implementation work, and lower-margin logistics services.

Outcome

The acquisition improved Uber Freight's strategic credibility but has produced a more complex profitability picture than Uber's consumer marketplace businesses. Its long-term success depends on whether Uber can use data, automation, and shipper density to improve profitability through freight cycles.

Postmates

2020

$2.6B

Why

Uber acquired Postmates to strengthen its position in the United States food delivery market. The deal provided access to Postmates' strong presence in key cities such as Los Angeles. It also helped consolidate market share against competitors like DoorDash. The acquisition aimed to improve unit economics through scale and operational efficiency.

Impact

The acquisition significantly increased Uber Eats' market share in the United States and improved competitiveness. Uber integrated Postmates' merchant network into its platform, expanding restaurant options for users. Cost combined benefits were achieved by combining logistics and marketing operations. The deal contributed to improved delivery segment performance. It also accelerated Uber's path toward profitability in delivery services.

Outcome

Postmates became a useful density acquisition rather than a separate long-term brand strategy. Uber kept parts of the consumer experience for a period but used the deal mainly to expand merchant selection, courier supply, and U.S. Delivery liquidity. The acquisition achieved its main defensive purpose by strengthening Uber Eats during the pandemic-era delivery surge.

Careem

2020

$3.1B

Why

Uber acquired Middle East rival Careem to deepen its position across the Middle East, North Africa, and Pakistan after years of costly competition in international ride-hailing. The transaction combined Uber's global platform with Careem's local brand, payments knowledge, and regional operating relationships.

Impact

Careem gave Uber a stronger regional base in markets where local trust and localization mattered. It also showed a more selective international strategy after the China exit, with Uber choosing acquisition over prolonged subsidy conflict.

Outcome

The deal largely achieved its strategic purpose because Careem continued operating as a regional brand while Uber gained ownership of a major local competitor. It did not remove all regulatory and profitability challenges, but it gave Uber a more durable platform in a region where building from scratch would have required years of spending.

Otto

2016

$680M

Why

Uber acquired autonomous trucking startup Otto to accelerate its self-driving ambitions and bring in engineering talent for the Advanced Technologies Group. The deal was part of Uber's earlier belief that owning autonomous technology could eventually reduce driver-related costs.

Impact

Otto became strategically costly after Waymo sued Uber over alleged trade-secret theft involving a former Waymo employee. The dispute damaged Uber's autonomy credibility and contributed to a broader reassessment of internal self-driving development.

Outcome

The acquisition did not deliver the autonomous advantage Uber sought. Uber settled the Waymo case and later sold its Advanced Technologies Group, shifting from internal development to partnerships with companies such as Waymo.

Uber Technologies, Inc.'s Growth & Acquisition Strategy

Uber's growth strategy is focused on marketplace liquidity, cross-platform engagement, advertising, subscriptions, delivery scale, autonomous-vehicle partnerships, and disciplined unit economics. The pending Delivery Hero offer would extend delivery density and international market reach if it closes in the second half of 2027.

How Uber Technologies, Inc. Makes Money

Uber makes money from mobility service fees, delivery marketplace fees, freight brokerage, advertising, Uber One subscriptions, financial partnerships, and platform services. The company does not own most of the vehicles, restaurants, or freight assets on the platform; it monetizes demand routing, pricing, payments, matching, merchant access, and marketplace data.

Uber Technologies Acquisitions FAQ

What acquisitions has Uber made?

Uber's notable moves include Careem, Postmates, Drizly, Transplace, Otto, and the pending 2026 Delivery Hero offer.

Why does Uber make acquisitions?

Uber uses deals for adding regional density, merchant supply, delivery scale, freight software, autonomous talent, and marketplace liquidity.

How do deals affect Uber's strategy?

Deals can add products, talent, customers, technology, geography, or operating density.

Does Uber grow only through acquisitions?

No. Uber also relies on organic product development, customer expansion, and operating execution.

Explore Uber Technologies

Core profile pages, annual revenue records, and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

Acquisitions

Uber Technologies Acquisitions

Total Acquisitions

$24.6B

Disclosed Deal Value

Delivery Hero (pending offer)

2026

$14.8B

Why

Uber announced a voluntary takeover offer for Delivery Hero to expand its global delivery platform and nearly double the number of markets where it offers both mobility and delivery.

Impact

If completed, the transaction would add Delivery Hero operations across 50 markets, while 14 overlapping markets are planned to be sold separately to SSW Partners.

Outcome

Pending. Uber's official release says closing is expected in the second half of 2027, subject to offer conditions and regulatory approvals.

Drizly

2021

$1.1B

Why

Impact

Outcome

Transplace

2021

$2.3B

Why

Impact

Outcome

Postmates

2020

$2.6B

Why

Impact

Outcome

Careem

2020

$3.1B

Why

Impact

Outcome

Otto

2016

$680M

Why

Impact

Outcome

Uber Technologies, Inc.'s Growth & Acquisition Strategy

How Uber Technologies, Inc. Makes Money

Uber Technologies Acquisitions FAQ

What acquisitions has Uber made?

Uber's notable moves include Careem, Postmates, Drizly, Transplace, Otto, and the pending 2026 Delivery Hero offer.

Why does Uber make acquisitions?

Uber uses deals for adding regional density, merchant supply, delivery scale, freight software, autonomous talent, and marketplace liquidity.

How do deals affect Uber's strategy?

Deals can add products, talent, customers, technology, geography, or operating density.

Does Uber grow only through acquisitions?

No. Uber also relies on organic product development, customer expansion, and operating execution.