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Uber Is in Early Talks to Buy Europe's Deliveroo

  • An acquisition would accelerate Uber’s food-delivery business
  • Deliveroo was valued at $2 billion in financing last year
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Uber in talks to purchase London-based food-delivery company Deliveroo: Bloomberg’s Giles Turner reports.Source: Bloomberg
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Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.

A bid for London-based Deliveroo, last valued at more than $2 billion, would mark a major attempt by Uber to dominate the food-delivery business in Europe. An acquisition price is unknown. Any offer would need to be considerably above its latest valuation, according to people with direct knowledge of Deliveroo plans.