Taiwan has blocked Uber Technologies’ planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.

(Reuters) -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 ...

Bloomberg / Contributor / Getty Images Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda, The Wall Street Journal reported Thursday.

Starting from Monday, Foodpanda will offer customers the choice of having their meals delivered in reusable containers, although the option will only be available in a few parts of Hong Kong ...

A Foodpanda deliveryman was caught stealing a customer's food with the help of an accomplice - believed to be his friend. The incident, which happened on Dec 17, was caught by the customer's ...

Uber Technologies' (NYSE:UBER) planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was ...

Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in ...

(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 ...

As his family’s sole breadwinner, the 28-year-old Foodpanda courier spends six days a week delivering food in Tsuen Wan, working from 11am to 10pm with a two-hour break. Being a rider is tough ...

Taiwan has blocked Uber Technologies’UBER-1.87%decrease; red down pointing triangle planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns ...