Reuters29d
Taiwan blocks Uber's $950 mln Foodpanda deal over competition concerns
Uber and Foodpanda did not immediately respond to ... giving it more incentive to raise prices for consumers and even increase commissions for restaurant operators." Chen added that post-merger ...
Seeking Alpha27d
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber Technologies' (NYSE:UBER) planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was ...
Nasdaq27d
M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Noting that the merged entity will have over 90% market share on completion, Taiwan’s FTC vice chairman Chen Chi-ming stated, “If Uber acquires Foodpanda ... to raise prices and increase ...
Wall Street Journal27d
Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business
Taiwan has blocked Uber Technologies’UBER3.36%increase; green up pointing triangle planned $950 million takeover of Foodpanda’s ... incentivize Uber to raise prices for consumers and eateries ...
Yahoo Finance28d
Taiwan FTC halts Uber’s Foodpanda deal over competition issues
“Post-merger, UberEats would be less constrained by competition, giving it more incentive to raise prices for consumers ... Uber Eats agreed to purchase the Foodpanda delivery business in ...
Business Insider28d
Reports: Taiwan Blocks Uber Eats-Foodpanda Deal
(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 ...