Ukraine anti-trust regulator clears Uber’s takeover bid for food delivery Glovo service

Ukraine's Antimonopoly Committee has approved Uber's acquisition of Delivery Hero, which owns Glovo's Ukrainian operations. This deal allows Uber to indirectly control Delivery Hero through its subsidiary. Uber will manage Glovo in Ukraine but not in all markets, as SSW Partners will acquire Glovo's operations in 14 other countries. Glovo's co-founder expressed optimism about the deal's positive impact on their Ukrainian business, highlighting its significant growth. Uber's acquisition is valued at approximately $14.8 billion and is expected to finalize in the second half of 2027, pending further regulatory approvals.