Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit
Taiwan’s anti-trust regulator rejected Uber Technologies Inc.’s plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million, arguing it would decrease competition in the fast-growing food-delivery industry.
Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda.
Uber Stock Falters After Taiwan Blocks Acquisition
Uber Technologies (UBER) stock is lower today, after Taiwan blocked its acquisition of food delivery business foodpanda
Taiwan blocks $950 mn Uber-Foodpanda deal, merger to exceed 90% market share
Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it would be anti-competitive
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.
Taiwan blocks Uber's $950 mln Foodpanda deal, CNA reports
Uber and Delivery Hero announced the Taiwan deal in May, which also included a separate agreement for Uber to purchase $300 million worth of newly issued shares of the German food delivery firm
Taiwan blocks Uber's $950 million Foodpanda deal, Bloomberg News reports
Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan's official Central News Agency (CNA).
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber Technologies (NYSE:UBER) planned $950 million acquisition of Delivery Hero SE'S (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was blocked by Taiwan's Fair Trade Commission,
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.
Global Finance10h
Talabat Stumbles Despite UAE’s Top 2024 Listing
The Middle East subsidiary of Delivery Hero, Talabat, raised $2 billion from an initial public offering on Dec. 10. Talabat ...
Delivery Hero Appoints Interim CFO Marie-Anne Popp As CFO, Effective Jan. 2025
Delivery Hero SE (DLVHF.OB, DHER.DE), a German food delivery platform, announced Friday the appointment of Marie-Anne Popp as its ...