Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on ...
Business Insider13d
M&A News: Uber Ends its Deal to Acquire Delivery Hero’s Foodpanda on Regulatory Setbacks
Through this acquisition, Uber intended to expand its Uber Eats delivery arm by leveraging Foodpanda’s strong presence in Taiwan. Effectively assess a stock's risks and opportunities with a clear ...
EconoTimes13d
Uber Ends Foodpanda Taiwan Deal, Faces $250M Termination Fee
Uber Technologies (NYSE: UBER) has canceled its planned acquisition of Foodpanda Taiwan from Delivery Hero after failing to ...
Reuters15d
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
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 ...
Yahoo Finance13d
Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
Uber Eats and Foodpanda are the top players in Taiwan’s food delivery market. In a recent report, it was found that Foodpanda enjoyed 52% market share from January 2022 to August 2023 ...