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Taiwan, home to the local companies involved, has blocked Uber Technologies' (UBER, Financial) proposed $950 million acquisition of Foodpanda's local delivery business, citing anticompetition ...

Uber Technologies (NYSE:UBER) just hit a major speed bump in Taiwan. The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's Foodpanda ...

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.

Taiwan has blocked Uber Technologies’ planned takeover on anticompetition concerns, thwarting the U.S. company’s efforts to ...

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. The US ride ...

Uber Technologies Inc (NYSE:UBER) stock is down 0.2% at $61.58 at last glance, after Taiwan's Fair Trade Commission (FTC) blocked the acquisition of food delivery business foodpanda, which is ...

Taipei, Taiwan — 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 ...

Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' (UBER.N), opens new tab $950 million purchase of Delivery Hero's (DHER.DE), opens new tab Foodpanda business on the island because of ...