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Uber, Taiwan and foodpanda

Investopedia on MSN · 3d

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.

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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.

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.

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Bernstein not convinced Uber would be successful appealing TFTC on foodpanda

After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition ...

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Taiwan blocks Uber’s $1.3 billion Foodpanda deal over competition concerns

Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.

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5 Things to Know Before the Stock Market Opens

U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.

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