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 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 ...

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 for canceling the agreement, reports said today. Uber Technologies Inc announced its ...

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.

The Fair Trade Commission (FTC) 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 ...

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 ...

Taiwan's Fair Trade Commission in December ruled the planned merger between Uber Eats and Foodpanda would constitute an illegal monopoly as the two platforms account for over 90% of Taiwan's food ...