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Taiwan Blocks Uber Eats-Foodpanda Deal
Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
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 Commission (FTC) said on Wednesday.
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million.
Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda
The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero from Asia
Taiwan blocks Uber's $950 million Foodpanda deal, citing anti-competition concerns
Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island due to anti-competition concerns, the Fair Trade Commission (FTC) said on Wednesday. Uber,
Reports: Taiwan Blocks Uber Eats-Foodpanda Deal
As per media reports, Taiwan has blocked a transaction between Uber and Delivery Hero's Foodpanda business in Taiwan. In May, Uber
Uber Eats-Foodpanda Merger Blocked by Taiwan Fair Trade Commission - TaiwanPlus News
Taiwan’s Fair Trade Commission has rejected a proposed US$900 million deal for Uber Eats to acquire the Taiwan business of its main rival in the market, Foodpanda. The merger would have given Uber Eats control of up to 90% of the food delivery market in Taiwan and was opposed by delivery drivers.
4h
Former Taiwan leader emphasises shared historical roots of island and mainland Chinese
On his fifth student exchange programme, Ma Ying-jeou accuses ruling DPP of being behind unprecedented crisis in culture.
2d
on MSN
China Warns US of Taiwan Red Line: 'Playing With Fire'
Taiwan maintains its own democratic autonomy from China despite Beijing's claims of sovereignty over the island. Tensions in ...
2d
Makers of Taiwan's 'Zero Day' TV series set around invasion fear backlash from China
A Chinese war plane goes missing near Taiwan. China sends swarms of military boats and planes for a blockade as Taiwan goes ...
Bloomberg L.P. on MSN
2d
Taiwan Warns Law Changes May Have ‘Serious Impacts’ on Budget
Taiwan
’s government said a legal change to budget rules could derail its 2025 spending plan, underscoring challenges the ...
2d
on MSN
China says U.S. is ‘playing with fire’ after latest military aid for Taiwan
A Chinese Foreign Ministry statement urged the U.S. to stop arming Taiwan and stop what it called “dangerous moves that ...
2d
Taiwan warns defence could suffer under opposition's funding laws
Taiwan's cabinet warned on Monday the island's security might be at risk after opposition parties passed laws that will ...
12h
Taiwan Semiconductor: The Powerhouse At The Heart Of The AI Revolution
TSMC's dominance in advanced semiconductor manufacturing positions it as a key player in the AI revolution. Read what makes ...
4d
on MSN
Taiwan lawmakers clash after one party breaks into legislature to occupy speaker’s chair
Lawmakers have clashed in Taiwan’s legislature after members of a leading political party broke into the building overnight ...
2h
on MSN
Better Artificial Intelligence Stock: ASML vs. Taiwan Semiconductor
ASML is the exclusive maker of EUV lithography tech for making the most advanced AI chips. Taiwan Semiconductor manufactures ...
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