Uber to acquire Delivery Hero for $14.8B; China pilots active ETFs

Uber has announced its intention to acquire the food delivery platform Delivery Hero for $14.8 billion, consolidating two major global players in the food delivery market. This move follows Uber's recent increase in its stake in Delivery Hero, making it the largest shareholder before initiating acquisition talks. Meanwhile, China's securities regulator has approved 18 fund managers to pilot actively managed Exchange Traded Funds (ETFs), signaling a significant development for the domestic ETF market. AI

RANK_REASON The item reports on a major acquisition in the food delivery sector and a significant development in China's financial market with the piloting of actively managed ETFs. [lever_c_demoted from significant: ic=1 ai=0.1]

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• 36Kr
• Cathay Fund
• ChinaAMC
• China Merchants Fund
• Dacheng Fund Management
• Delivery Hero
• Fullgoal Fund Management
• HuaAn Fund
• Huatai-PineBridge
• Hwabao Fund
• ICBC Credit Suisse Asset Management
• Morgan Stanley
• Penghua Fund Management
• Ping An Fund
• Sina Finance
• Southern Fund
• Tianhong Fund
• Uber
• Wu Qing
• Yingda Fund Management

• product
• funding

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