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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 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.
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.
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 ...
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 ...
3d
on MSN
China says US is ‘playing with fire’ after latest military aid for Taiwan
The Chinese government is protesting the latest American announcements of military sales and assistance to Taiwan, warning ...
4d
Biden approves $571 mln in defense support for Taiwan
U.S. President Joe Biden on Friday agreed to provide $571.3 million in defense support for Taiwan, the White House said, ...
3d
on MSN
China warns US ‘playing with fire’ by supplying weapons to Taiwan
China has warned the US that sending weapons to Taiwan is akin to “playing with fire” and risks severe consequences. The US ...
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 ...
4d
on MSN
Watch: Taiwan Lawmakers Brawl Over Controversial Bills
Several lawmakers were injured during the confrontation, according to Taiwanese media reports, though the extent of their ...
Digi Times
2d
Taiwan's auto sector gears up for MaaS innovation, Volvo and Hotai leading the way
Taiwan's automotive sector is witnessing a shift toward digital and smart transformation, driving the Mobility as a Service ...
USNI
5d
China Expanding Pacific Operations, Taiwan Invasion ‘Not Possible’ by 2027, Say DoD Officials
The People’s Liberation Army Navy is “gradually expanding its operational reach beyond East Asia into a sustained ability to ...
7h
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.
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