SEOUL, May 18 (Reuters) - Uber ( UBER ) and South Korean internet

giant Naver have formed a consortium and submitted a bid of up

to 8 trillion won ($5.34 billion) to acquire Baedal Minjok,

South Korea's largest food delivery platform, the Seoul Economic

Daily reported on Monday.

Uber ( UBER ) and Naver formed an 8-to-2 consortium aiming to acquire

a 100% stake in Baedal Minjok (Baemin), the Korean food delivery

platform operated by Germany's Delivery Hero, the report said,

citing unnamed sources in investment banks.

A Naver spokesperson told Reuters the company received a

teaser letter related to the deal but nothing has been decided.

($1 = 1,498.1500 won)