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Delivery Hero Shares Fall
Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit
Taiwan’s anti-trust regulator rejected Uber Technologies Inc.’s plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million, arguing it would decrease competition in the fast-growing food-delivery industry.
Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.
Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda.
Bloomberg L.P.
2h
European Stocks Set for Modest Weekly Gain; Delivery Hero Slumps
European stocks kept to a narrow range as they resumed trading after the Christmas break, poised for modest weekly gains. The ...
Global Finance
13h
Talabat Stumbles Despite UAE’s Top 2024 Listing
The Middle East subsidiary of Delivery Hero, Talabat, raised $2 billion from an initial public offering on Dec. 10. Talabat ...
7d
Delivery Hero Appoints Interim CFO Marie-Anne Popp As CFO, Effective Jan. 2025
Delivery Hero SE (DLVHF.OB, DHER.DE), a German food delivery platform, announced Friday the appointment of Marie-Anne Popp as its ...
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