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Taiwan blocks Uber's $950M Foodpanda deal over competition concernsTaiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of ...
On Wednesday, Taiwan's Fair Trade Commission raised concerns about the merger, saying it would make it difficult for other potential competitors to enter the market. Uber said it was disappointed ...
Taiwan’s Fair Trade ... Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition. “In the food delivery platform market, UberEats’ main ...
Investing.com -- Delivery Hero AG (ETR:DHER) shares fell sharply on Friday, marking their biggest decline in two weeks, after Taiwan blocked the sale of its local subsidiary to Uber Technologies (NYSE ...
Chen added that post-merger, the combined market share of both companies in Taiwan would exceed 90%. Uber and Delivery Hero announced in May the Taiwan deal that included a separate agreement for ...
Chen added that post-merger, the combined market share of both companies in Taiwan would exceed 90%. Uber and Delivery Hero announced in May the Taiwan deal that included a separate agreement for ...
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