Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it ...

Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda ...

M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports.

The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero ...

Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked. The Taiwan Fair ...

Taiwan has rejected Ubers $950 million acquisition of Delivery Heros Foodpanda, citing concerns over anti-competitive effects ...

Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the ...

Taiwan is a highly competitive market ... The regulatory body contends that following the merger, UberEats will face less competition. This will give it more power to raise prices and increase ...

The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million.

"In the food delivery platform market, UberEats' main competitive pressure comes from Foodpanda. The merger would eliminate this competitive pressure," Chen Chih-min, vice chairman of Taiwan's FTC, ...