Uber's proposed US$14.8 billion acquisition of Delivery Hero is one of the biggest deals the sector has seen, and could signal a fundamental shift in how platform businesses grow. It puts Uber in the unusual position of becoming both Grab's largest shareholder and, through foodpanda, its direct competitor in Malaysia's food delivery business.

Jianggan Li and Chen Weihan of Momentum Works discuss what this deal could mean for the food delivery and ride-hailing industry, its customers, merchants and gig workers.

Photo credit: Pexels

Uber's proposed US$14.8 billion acquisition of Delivery Hero is one of the biggest deals the sector has seen, and could signal a fundamental shift in how platform businesses grow. It puts Uber in the unusual position of becoming both Grab's largest shareholder and, through foodpanda, its direct competitor in Malaysia's food delivery business.Jianggan Li and Chen Weihan of Momentum Works discuss what this deal could mean for the food delivery and ride-hailing industry, its customers, merchants and gig workers.Photo credit: Pexels

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line