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Taiwan Blocks Uber Eats-Foodpanda Deal
Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit
Uber Technologies Inc. said it remained committed to Taiwan after the island’s anti-trust regulator rejected its plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million.Uber said in a statement that it’s disappointed by the decision,
Taiwan blocks Uber's $950 million 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.
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
2h
Taiwan stops Foodpanda, Uber merger
TAIPEI:
Taiwan
has rejected ride-hailing giant
Uber
’s plan to buy Delivery Hero’s Foodpanda on the island, stating on ...
Business Times
6h
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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