UBER) issued a statement on Thursday after the company's planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business was blocked by Taiwan's Fair Trade Commission.

Uber Technologies said that it remained committed to Taiwan after the island’s antitrust regulator rejected its plan to buy Delivery Hero’s foodpanda business on the island for US$950 million. Uber ...

Taiwan's FTC blocks Uber's $950M Foodpanda deal, fearing reduced competition and higher prices in the food delivery market. Uber may appeal the decision, which was expected to boost profits by $ ...

Taiwan’s Fair Trade Commission blocked Uber‘s (UBER) $950M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero ...