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Uber, Taiwan and foodpanda

Hosted on MSN · 1d

Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business

Taiwan has blocked Uber Technologies’ planned takeover on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.

YAHOO!Finance · 21h

Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says

M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.

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.

2d

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.

1don MSN

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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