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 ...
Channel NewsAsia Singapore10d
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
TAIPEI: Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday (Dec 25) that the deal would significantly harm market competition.