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Uber, foodpanda and Taiwan
Taiwan blocks Uber's $950M Foodpanda deal over competition 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) said on Wednesday.
FTC blocks Uber’s Foodpanda plan
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 concerns.
Taiwan Blocks Uber's Foodpanda Takeover Amid Fears of Monopoly in $950 Million Deal
Taiwan has rejected Ubers $950 million acquisition of Delivery Heros Foodpanda, citing concerns over anti-competitive effects and potential price hikes for consumers. The Fair Trade Commission said the merger would
Dawn
4h
Taiwan stops Foodpanda, Uber merger
The US ride-hailing giant was aiming to acquire
Foodpanda
Taiwan by the first half of 2025 for ... it will be completely ...
Free Malaysia Today
11h
Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit
“The main competition for Uber Eats comes from
Foodpanda
,” Fair Trade Commission (
FTC
) vice-chairperson Chen Chih-min ...
Business Times
7h
Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of ...
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