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 Uber’s $950 Million Takeover of Local Foodpanda Business
Taiwan has blocked Uber Technologies’ planned takeover on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.
Taiwan blocks Uber's $950M 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.
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.
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber's $950 million acquisition of Foodpanda in Taiwan blocked by antitrust regulators, affecting both Uber Technologies (UBER) and Delivery Hero's (DHERO).
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 concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday (Dec 25).
Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal
Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.
Uber reacts to regulatory snub in Taiwan
Uber Technologies (NYSE:UBER) issued a statement on Thursday after the company's planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business was blocked by Taiwan's Fair Trade Commission.
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Uber Eats-Foodpanda Merger Blocked by Taiwan Fair Trade Commission - TaiwanPlus News
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