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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, merging the top two players in Taiwan's food delivery market. "If Uber acquires ...
Nasdaq1mon
M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Noting that the merged entity will have over 90% market share on completion, Taiwan’s FTC vice chairman Chen Chi-ming stated, “If Uber acquires Foodpanda, it will be completely unrestrained by ...
The Express Tribune1mon
Taiwan halts Uber's Foodpanda acquisition
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 ...
Benzinga.com29d
Amazon, Uber And A Real Estate Stock On CNBC's 'Final Trades'
Taiwan's Fair Trade Commission (FTC) has reportedly blocked Uber’s $950 million acquisition of Delivery Hero's Foodpanda business due to anti-competitive concerns. The merger, which was ...
Marketing Interactive5d
Octopus nabs foodpanda's Jaslin Goh as director of marketing, corp comms and data
Before joining Octopus, Goh served as the APAC vice president of marketing at foodpanda, overseeing 11 markets in Asia, including Singapore, Hong Kong, Taiwan, Thailand, Malaysia, Bangladesh ...
KHQ1mon
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition. The US ride ...