Overview
- Andrew Macdonald confirmed on July 17, 2026 that Uber will add $500 million to a March pledge, bringing the company’s three-year commitment to Argentina to $1 billion.
- Uber links the new funds directly to its intended acquisition of Delivery Hero, the owner of PedidosYa, a deal that remains in progress and has not been finalized.
- Argentina’s Economy Minister Luis Caputo publicly welcomed the expansion as evidence foreign investors trust the country’s economic direction.
- Uber says the money will support a single app experience that reunites mobility and delivery, including a relaunch of Uber Eats and expanded use of the Uber One membership with delivery benefits.
- The company points to a decade in Argentina with operations in more than 50 cities, over 20 million riders and more than one million people earning on the app, and the move could deepen competition and jobs for drivers and couriers if the Delivery Hero deal completes.