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Uber ends foodpanda Taiwan acquisition

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 Tuesday. The announcement comes

Reuters on MSN · 22h

Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee

Uber has decided to 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. Uber said in an emailed statement that it would not appeal the decision of the Taiwan Fair Trade Commission.

Markets Insider · 12h

M&A News: Uber Ends its Deal to Acquire Delivery Hero’s Foodpanda on Regulatory Setbacks

Ride-hailing company Uber Technologies (UBER) has ended its pursuit to acquire Delivery Hero’s (DE:DHER) Foodpanda business due to regulatory

New Age2h

2 foodpanda riders win Eid competition

Two foodpanda riders have successfully performed their Umrah pilgrimage after winning ‘panda-rider Eid competition 2024,’ ...

Zacks.com on MSN3h

Uber Abandons Foodpanda Taiwan Buyout Bid: How to Play the Stock Now

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 ...

Dhaka Tribune7h

Two foodpanda riders perform Umrah after winning Eid competition

Two foodpanda riders have successfully performed their Umrah pilgrimage after winning the panda-rider Eid competition 2024. ...

Deliveroo bows out of Hong Kong, selling assets to rival Foodpanda

On-demand food delivery platform will shut on April 7; company cites tough competition and financial losses as reasons for ...

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Uber ends foodpanda Taiwan acquisition

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