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
Taiwan has blocked Uber Technologies’ planned $950 million takeover of Foodpanda’s local delivery business on ... difficult ...
Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.
The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for ... it will be completely ...
“The main competition for Uber Eats comes from Foodpanda,” Fair Trade Commission (FTC) vice-chairperson Chen Chih-min ...
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of ...
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