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Uber’s European expansion plans may have hit a speed bump

Uber’s European expansion plans may have hit a speed bump

Back in February, Uber announced ambitious plans to launch in seven new European markets in 2026 — but now five of those launches are reportedly on hold.

Uber seemed to confirm the decision to FT, saying that recent launches in Finland and Denmark had been a “huge success,” so now it wants to “focus on continuing the momentum” in existing markets. Another likely factor in the decision: Uber’s continuing efforts to acquire Delivery Hero, a European company that rejected Uber’s €10 billion takeover bid in May. It seems Uber is still hoping to make the deal a reality. An industry source said that putting a pause on further expansion could help alleviate antitrust concerns around a potential acquisition, especially since Delivery Hero operates delivery services in several of the target countries. Last chance to save up to $190 on TechCrunch Founder Summit. Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.Savings end June 26, 11:59 p.m. PT. Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility is your destination for transportation news and insight. Startups are the core of TechCrunch, so get our best coverage delivered weekly. Provides movers and shakers with the info they need to start their day. By submitting your email, you agree to our Terms and Privacy Notice. Uber’s robotaxi lobbying effort puts it on a collision course with Waymo Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million