Uber Spends $1.8 Billion Increasing Stake in Delivery Hero to 19.5%

Uber lifted its stake in Germany-based food delivery firm Delivery Hero to 19.5%, with options to go to 25%, a sign the ride-hailing and delivery firm may be contemplating expanding further in Europe.

Uber told a German regulator it “currently…has no intent” of buying more than 30% of ...