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.

Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the Fair Trade Commission (FTC) said yesterday, citing anti-competitive ...

Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition.

(RTTNews) - As per media reports, Taiwan has blocked a transaction between Uber and Delivery Hero's Foodpanda business in Taiwan. In May, Uber Technologies (UBER) and Delivery Hero SE reached an ...

Taiwan has blocked Uber Technologies’UBER-0.74%decrease; red down pointing triangle planned $950 million takeover of Foodpanda’s local delivery business on anticompetition 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 ...

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