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Taiwan Blocks Uber Eats-Foodpanda Deal

The Wall Street Journal on MSN · 9h

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.

YAHOO!Finance · 13m

Taiwan Shuts Down Uber's $950M Foodpanda Deal in Shocking Antitrust Ruling

The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's Foodpanda business, citing fears of a market monopoly. Together, these two giants control over 90% of Taiwan's food delivery sectora concentration of power the FTC wasn't willing to greenlight.

Reuters on MSN · 13h

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.

13h

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.

1hon 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.

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 ...

Business Times16h

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 ...

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