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Uber, foodpanda and Taiwan
Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
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) said on Wednesday.
Taiwan Blocks Uber's Foodpanda Takeover Amid Fears of Monopoly in $950 Million Deal
Taiwan has rejected Ubers $950 million acquisition of Delivery Heros Foodpanda, citing concerns over anti-competitive effects and potential price hikes for consumers. The Fair Trade Commission said the merger would
FTC blocks Uber’s Foodpanda plan
Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the Fair Trade Commission (FTC) said yesterday, citing anti-competitive concerns.
Dawn
2h
Taiwan stops Foodpanda, Uber merger
The US ride-hailing giant was aiming to acquire
Foodpanda
Taiwan by the first half of 2025 for ... it will be completely ...
Free Malaysia Today
10h
Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit
“The main competition for Uber Eats comes from
Foodpanda
,” Fair Trade Commission (
FTC
) vice-chairperson Chen Chih-min ...
Business Times
5h
Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of ...
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