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UBER has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles.

Uber’s plan to acquire Taiwan’s Foodpanda for $950 million was blocked by the Taiwanese Fair Trade Commission. Regulators ...

Ride-hailing company Uber Technologies (UBER) has ended its pursuit to acquire Delivery Hero’s (DE:DHER) Foodpanda business due to regulatory ...