Uber Technologies UBER has terminated its agreement to acquire Delivery Hero's Foodpanda business in Taiwan. The deal, valued at $950 million, was halted due to regulatory hurdles. In December, Taiwan ...

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 has abandoned its bid to acquire Foodpanda's operations in Taiwan and will be required to pay a hefty termination penalty. Uber, the parent company of Uber Eats, has terminated its NT$31.28 ...

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 ...