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Uber ends foodpanda Taiwan acquisition

TechCrunch on MSN · 8h

Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes

Reuters on MSN · 17h

Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee

Uber has decided to terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday. Uber said in an emailed statement that it would not appeal the decision of the Taiwan Fair Trade Commission.

Markets Insider · 7h

M&A News: Uber Ends its Deal to Acquire Delivery Hero’s Foodpanda on Regulatory Setbacks

Ride-hailing company Uber Technologies (UBER) has ended its pursuit to acquire Delivery Hero’s (DE:DHER) Foodpanda business due to regulatory

Dhaka Tribune2h

Two foodpanda riders perform Umrah after winning Eid competition

Two foodpanda riders have successfully performed their Umrah pilgrimage after winning the panda-rider Eid competition 2024. ...

2d

Deliveroo bows out of Hong Kong, selling assets to rival Foodpanda

On-demand food delivery platform will shut on April 7; company cites tough competition and financial losses as reasons for ...

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