Uber Technologies announced on Tuesday that it has terminated its acquisition of Delivery Hero’s Foodpanda in Taiwan. The ...

through its division Uber Eats, acquiring Delivery Hero's Foodpanda business in Taiwan, the combined market share of the two ...

Uber has decided terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday.

said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, potentially leading to price increases by Uber. Uber Eats and Foodpanda are the top players in Taiwan’s ...

Uber, which owns food delivery arm Uber Eats, has been looking to tap into the growing quick-commerce business of Foodpanda to expand its reach. Reporting by Zaheer Kachwala, Chandni Shah ...

Uber Eats is giving up its plan to acquire Foodpanda’s Taiwan delivery service and must pay a fee of US$250 million (NT$8.22 billion) for canceling the agreement, reports said. Uber Technologies Inc ...

Uber Technologies Inc. UBER announced that it will terminate its deal to acquire Delivery Hero’s Foodpanda in Taiwan ... with its own business, Uber Eats. According to Delivery Hero, a separate ...