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Uber, Taiwan and 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 FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.
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.
3d
Taiwan blocks Uber’s $1.3 billion Foodpanda deal over competition concerns
Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.
Dawn
3d
Taiwan stops Foodpanda, Uber merger
TAIPEI:
Taiwan
has rejected ride-hailing giant Uber’s plan to buy Delivery Hero’s
Foodpanda
on the island, stating on ...
1d
Bernstein not convinced Uber would be successful appealing TFTC on foodpanda
After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) ...
2d
on MSN
5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.
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