Taiwan stops Foodpanda, Uber merger
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 Foodpanda, it will be completely unrestrained by competition,” Taiwan’s Fair Trade Commission (FTC) vice chairman Chen Chi-ming told a press conference.
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TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of ...
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