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Taiwan blocks Uber-Foodpanda merger over monopoly concerns
The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million, merging the top two players in Taiwan's food delivery market. "If Uber acquires ...
Business Insider1mon
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
Taiwan’s Fair Trade Commission blocked Uber‘s (UBER) $950M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero ...
Yahoo Finance1mon
Taiwan FTC halts Uber’s Foodpanda deal over competition issues
Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in ...
The Gazette1mon
Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
(Reuters) -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 ...
MarketWatch1mon
Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading ...
Nasdaq1mon
Reports: Taiwan Blocks Uber Eats-Foodpanda Deal
(RTTNews) - As per media reports, Taiwan has blocked a transaction between Uber and Delivery Hero's Foodpanda business in Taiwan. In May, Uber Technologies (UBER) and Delivery Hero SE reached an ...
Digital Journal1mon
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
Taiwan has rejected ride-hailing giant Uber’s plan to buy Delivery Hero’s Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition. The US ride ...