Taiwanese antitrust regulators on Wednesday blocked Uber from buying the Taiwan unit of Foodpanda from Delivery Hero for $950 million in cash. Why it matters: This would have been one of the largest ...

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) said ...

TAIPEI—Taiwan rejected ride-hailing giant Uber’s plan to buy Delivery Hero’s Foodpanda on the island, stating on Wednesday ...

The deal was first announced in May. At the time, Uber was buying Foodpanda's Taiwan business for $950 million and making an additional $300 million investment in Foodpanda's parent company ...

(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 ...

Let's get realthis deal would've been a game-changer for Uber. Uber Eats dominates northern Taiwan's bustling urban areas, while Foodpanda has locked down the south and smaller cities. Pairing up ...

Uber and Foodpanda did not immediately respond to requests ... Uber and Delivery Hero announced in May the Taiwan deal that included a separate agreement for Uber to purchase $300 million worth ...

Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million. Investing $50,000 in Each of These 5 Stocks Could Make You Nearly $17,500 ...

The deal was first announced in May. At the time, Uber was buying Foodpanda's Taiwan business for $950 million and making an additional $300 million investment in Foodpanda's parent company, Delivery ...

Uber and Foodpanda did not immediately respond to requests ... Uber and Delivery Hero announced in May the Taiwan deal that included a separate agreement for Uber to purchase $300 million worth ...