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UberNews

Naver Drops Plan to Acquire Baemin

What happened

Uber is acquiring Delivery Hero (DH), the parent company of Baemin, in a deal that values DH's equity at 20.45 trillion won.

Source

thelec.netSep 17, 2026

Naver Drops Plan to Acquire Baemin

Article excerpt

Highlighted: the sentence this signal was extracted from

Naver has decided not to acquire Baedal Minjok, or Baemin, about four months after reports emerged in May that it could form a consortium with Uber to acquire the food delivery platform for 8 trillion won. Naver said in a regulatory filing on Sept. 17 that it had "reviewed the acquisition of a stake in Baedal Minjok but decided not to proceed with the acquisition due to changes in the business environment and other factors." Naver said in May that it was "reviewing various options to strengthen its business competitiveness, but nothing specific has been decided." It maintained the same position in June and extended the deadline for another regulatory filing to Sept. 17. Naver's interest in acquiring Baemin was seen as driven by potential synergies with its commerce business. Naver has a commerce ecosystem connecting shopping, local business listings, reservations and payments. Adding Baemin, Korea's largest food delivery platform, could have expanded its service reach from online shopping to food delivery and local businesses. The landscape surrounding Baemin changed, however, while Naver was considering a potential acquisition. Ride-hailing and delivery platform Uber announced a deal on July 16 to acquire Germany's Delivery Hero (DH), Baemin's parent company, in its entirety. Uber offered DH shareholders a cash tender offer of 41.50 euros, or about 65,800 won, per share...

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Extracted by Autobound

From the Signal API record
Event
News

What this signalsIntegration work after a deal often opens needs for new systems and services.

Stories
2
Takes effect
Jul 16, 2026
Location
Germany

Companies

  • Delivery HeroTargetdeliveryhero.com

The full record

From the Signal API record

Numbers

Stories about this event
2

Extraction

Confidence
90%
Detected
Sep 17, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d90c1bc7-212e-61f1-0fb2-f9c57bcdbdae returns this record as JSON. POST /v1/companies/enrich returns every signal for uber.com.

{
  "signal_id": "d90c1bc7-212e-61f1-0fb2-f9c57bcdbdae",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-09-17T09:39:44+00:00",
  "company": {
    "name": "Uber",
    "domain": "uber.com"
  },
  "data": {
    "url": "https://www.thelec.net/news/articleView.html?idxno=13995",
    "title": "Naver Drops Plan to Acquire Baemin - thelec.net",
    "excerpt": "Naver has decided not to acquire Baedal Minjok, or Baemin, about four months after reports emerged in May that it could form a consortium with Uber to acquire the food delivery platform for 8 trillion won. Naver said in a regulatory filing on Sept. 17 that it had \"reviewed the acquisition of a stake in Baedal Minjok but decided not to proceed with the acquisition due to changes in the business environment and other factors.\" Naver said in May that it was \"reviewing various options to strengthen its business competitiveness, but nothing specific has been decided.\" It maintained the same position in June and extended the deadline for another regulatory filing to Sept. 17. Naver's interest in acquiring Baemin was seen as driven by potential synergies with its commerce business. Naver has a commerce ecosystem connecting shopping, local business listings, reservations and payments. Adding Baemin, Korea's largest food delivery platform, could have expanded its service reach from online shopping to food delivery and local businesses. The landscape surrounding Baemin changed, however, while Naver was considering a potential acquisition. Ride-hailing and delivery platform Uber announced a deal on July 16 to acquire Germany's Delivery Hero (DH), Baemin's parent company, in its entirety. Uber offered DH shareholders a cash tender offer of 41.50 euros, or about 65,800 won, per share. The...",
    "summary": "Uber is acquiring Delivery Hero (DH), the parent company of Baemin, in a deal that values DH's equity at 20.45 trillion won.",
    "location": "Germany",
    "planning": true,
    "image_url": "https://cdn.thelec.net/news/photo/202609/13995_14181_232.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-17T09:39:44Z",
    "location_data": [
      {
        "region": "Western Europe",
        "country": "Germany",
        "continent": "Europe",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-07-16",
    "article_sentence": "Ride-hailing and delivery platform Uber announced a deal on July 16 to acquire Germany's Delivery Hero (DH), Baemin's parent company, in its entirety.",
    "related_company_name": "Delivery Hero",
    "related_company_domain": "deliveryhero.com"
  }
}

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