Taiwan blocks Uber's $950 million Foodpanda deal over …
Dec 25, 2024 · (Reuters) -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...
FTC blocks Uber’s Foodpanda plan - Taipei Times
Dec 26, 2024 · 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. UberEats had aimed to complete the all-cash deal by the first half of …
Taiwan Blocks Uber's $950M Foodpanda Deal Over Antitrust …
Dec 26, 2024 · Taiwan, home to the local companies involved, has blocked Uber Technologies' (UBER, Financial) proposed $950 million acquisition of Foodpanda's local delivery business, citing anticompetition ...
Taiwan Shuts Down Uber's $950M Foodpanda Deal in Shocking …
Dec 26, 2024 · Uber Technologies (NYSE:UBER) just hit a major speed bump in Taiwan. The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's...
Taiwan blocks Uber’s $1.3 billion Foodpanda deal over …
Dec 26, 2024 · TAIPEI - Taiwan has blocked Uber Technologies’ US$950 million (S$1.3 billion) purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the...
Taiwan Blocks Uber Purchase of Delivery Hero’s Arm, CNA Says
Dec 26, 2024 · Uber Technologies Inc. said it remained committed to Taiwan after the island’s anti-trust regulator rejected its plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 ...
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Commission rejects Uber Eats and Foodpanda merger
Dec 25, 2024 · The Fair Trade Commission today rejected Uber Eats’ acquisition of Foodpanda’s Taiwan delivery service due to concerns about competition. Uber Eats publicly announced its plan to acquire Foodpanda’s delivery service on May 14, drawing significant international attention.
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
Dec 25, 2024 · 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.
Taiwan Blocks Uber’s $950 Million Foodpanda Deal
Dec 25, 2024 · Taiwan has blocked Uber Technologies’ purchase of Delivery Hero’s Foodpanda business on the island. The value of the mentioned deal, which was blocked, is $950 million. The decision to block the implementation of this business agreement was made due to concerns about possible anticompetitive practices.