Taiwan has blocked Uber Technologies’ planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia ...

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia ...

Uber Eats and Foodpanda are the top players in Taiwan’s food delivery market. In a recent report, it was found that Foodpanda enjoyed 52% market share from January 2022 to August 2023, while ...

Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC ...

Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles.

The partnership in Taiwan began earlier this year and offered Uber Eats couriers discounted Gogoro Smartscooters and battery swapping pricing as well as Uber Eats incentives for adopting clean ...

Uber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million, shoring up its control of a key Asian market as it seeks to expand in the region.

UBER Uber Technologies Inc $92.00 -0.14 % Uber Technologies Inc. UBER announced that it will terminate its deal to acquire Delivery Hero’s Foodpanda in Taiwan after facing regulatory challenges.

Taiwan has blocked Uber Technologies’UBER1.72%increase; green up pointing triangle planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns, thwarting ...

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero's Foodpanda for $950 million in cash. The deal is part of Uber Eats' strategy to expand in Asia, specifically ...