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TAIPEI -Taiwan has blocked Uber Technologies’ US$950 million (S$1.3 billion) purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive ...
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.
Source: 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 ...
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 ...
Taiwan has rejected Uber's $950 million acquisition of Delivery Hero's Foodpanda, citing concerns over anti-competitive effects and potential price hikes for consumers. The Fair Trade Commission ...
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The much-talked-about purchase of Delivery Hero’s Foodpanda delivery business by competitor Uber Technologies was blocked by the Fair Trade Commission (FTC), the trade watchdog organisation of Taiwan.
TAIPEI: Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday (Dec 25) that the deal would significantly harm market competition.