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Uber, Taiwan and foodpanda
Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Key Takeaways Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda, The Wall Street Journal reported Thursday.Officials reportedly said Uber's acquisition of the Delivery Hero-owned business would be anti-competitive.
Taiwan Blocks Uber-Foodpanda Merger Over Monopoly Concerns
Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition.
Delivery Hero Falls 9% After Sale of Taiwan Unit to Uber Blocked
Delivery Hero SE shares fell the most in two weeks in the first day of trading after Taiwan blocked the sale of its subsidiary there to Uber Technologies Inc.
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.
Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal
Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.
Bernstein Unconvinced Uber Will Win If It Appeals Against Taiwan FTC On Foodpanda Acquisition: Retail’s Upbeat On Stock
After Taiwan’s anti-trust regulator rejected Uber Technologies’ bid to acquire Delivery Hero’s Foodpanda, citing anti-competitive concerns, Bernstein reportedly said they remain unconvinced if Uber will win if it decides to appeal against the decision.
Uber Stock In Spotlight After Taiwan Blocks Bid To Acquire Foodpanda: Retail’s Stirred But Not Shaken
Shares of Uber Technologies Inc (UBER) were in the spotlight on Thursday morning after Taiwan’s anti-trust regulator rejected the firm’s $950 million bid to acquire Delivery Hero’s Foodpanda, raising concerns that it might be anti-competitive.
Uber reacts to regulatory snub in Taiwan
Uber Technologies (NYSE:UBER) issued a statement on Thursday after the company's planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business was blocked by Taiwan's Fair Trade Commission.
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Both Uber and Lyft offer a more expensive service with high-end black cars and professional drivers. Uber has UberBLACK, ...
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What is Uber Eats roulette?
Uber Eats Roulette is the new TikTok trend turning the chore of deciding on food for a group hangout into a fun game. The trend is being touted as a modern spin on potluck dinners—one that handily ...
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Getting an airport Uber has become an absolute obstacle course
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Exclusive: Uber and Its CEO Khosrowshahi Each Give $1 Million to Trump Inauguration
Add Uber Technologies and its CEO, Dara Khosrowshahi, to the list of tech companies pouring money into President-elect Donald ...
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Instacart says restaurant delivery is good for its grocery business
The Uber Eats partnership aims to fuel engagement with its app and boost online grocery spending, Instacart CFO Emily Reuter ...
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