Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Uber pauses expansion in five European countries amid Delivery Hero acquisition efforts

Market News
05 Jul 2026
TechCrunch
View Source
Bearish
pluang ai news

Uber has put on hold its plans to launch services in five European countries, including Austria, Norway, and Greece, despite earlier ambitions to expand into seven new markets in 2026. The company cited the success of recent launches in Finland and Denmark and a desire to focus on strengthening existing markets. Additionally, Uber's ongoing attempt to acquire Delivery Hero, a major European delivery company, may be influencing this pause, as the acquisition could raise antitrust concerns given Delivery Hero's presence in several target countries. This strategic shift suggests Uber is prioritizing consolidation over rapid expansion while pursuing the acquisition deal.

More News (UBER)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App