Goldman Sachs Lifts Delivery Hero Stake to 5.08% After Crossing 3% Threshold

Goldman Sachs Group crossed the 3% voting rights threshold in Delivery Hero SE on October 13, 2026, reaching a total position of 5.08%, according to a filing published by TradingView. The notification covers 2.54 million shares and 8.53 million instruments, and states that Goldman Sachs does not control the issuer.

How the Delivery Hero Notification Breaks Down

The filing, made under Article 40, Section 1 of the German Securities Trading Act, reports voting rights attached to shares of 0.82% and voting rights through instruments of 4.26%. The previous notification stood at 0.87% of voting rights attached to shares and 3.97% through instruments, for a total of 4.84%. The total number of voting rights pursuant to Sec. 41 WpHG is 309,639,110.

Delivery Hero is a Berlin-based on-demand delivery platform operating across roughly 65 countries through local brands, serving about 60 million monthly active customers with food, groceries and household essentials, according to akta.pro company records. The company was founded in 2011 and is led by CEO Niklas Östberg.

Goldman Sachs has separately been reducing other European holdings: its stake in Valeo fell below the 5% threshold on September 24, 2026, following an off-market share sale, with indirect holdings of 11,766,772 shares representing 4.79% of capital and 4.25% of voting rights, The future of trading reported.

Delivery Hero's Deal and Funding Figures

Uber announced a $14.8 billion voluntary takeover offer for Delivery Hero at €41.50 per share, with Prosus irrevocably committed to tender its roughly 16.68% stake and Uber already holding about 36.83% economic interest, according to akta.pro company records. SSW Partners agreed to acquire Delivery Hero's operations in 14 overlapping markets, including Glovo Spain, Yemeksepeti Turkey and foodora Austria, Norway, Sweden and Czechia, for approximately €1.4 billion, conditioned on the close of the Uber offer. Delivery Hero reported FY 2025 GMV of €49.2 billion, up 9% year over year, and FY 2025 total segment revenue of €14.8 billion, up 23% year over year.

Earlier Delivery Hero Stake Changes

On October 12, 2026, Delivery Hero filed a voting rights notification reporting that Gregory Alexander's stake fell from 4.95% to 2.90% on October 5, 2026, FinanzNachrichten.de reported. Bank of America filed a voting-rights notification for Delivery Hero crossing the 3% threshold on September 23, 2026, with a total stake of 4.72%, down from 5.13% in the previous notification, FinanzNachrichten.de reported on September 30, 2026. On September 18, 2026, Delivery Hero's management and supervisory boards recommended shareholders accept Uber's $15 billion takeover offer, with a shareholder acceptance period until November 5, Insider Trading & Hedge Fund Data reported.

What Comes Next for Delivery Hero

The shareholder acceptance period for Uber's takeover offer runs until November 5, 2026. Delivery Hero's supervisory board has launched a CEO search to conclude by year-end 2026, ahead of the expected close of the Uber deal in the second half of 2027, according to akta.pro company records.