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Delivery Hero Shares Fall

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. Shares of Delivery Hero fell as much as 9% to €26 in Frankfurt on Friday after the Taiwan Fair Trade Commission ruled the proposed takeover of Foodpanda could reduce competition.

MarketWatch · 3d

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%.

Investopedia on MSN · 4d

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 on MSN · 5d

Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit

Taiwan has rejected Uber Technologies Inc.’s plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan for roughly $950 million, the official Central News Agency reported.

eVnExpress on MSN · 4d

Taiwan blocks $950 mn Uber-Foodpanda deal, merger to exceed 90% market share

Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it would be anti-competitive

10d

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 ...

Bloomberg L.P.3d

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 Finance3d

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 ...

Business Insider3d

Delivery Hero SE (DHER) Gets a Buy from J.P. Morgan

In a report released today, Marcus Diebel from J.P. Morgan maintained a Buy rating on Delivery Hero SE (DHER – Research Report), with a price target of €49.00. The company’s shares closed last ...

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Delivery Hero Shares Fall

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