Uber has abandoned its $950 million bid to acquire Foodpanda Taiwan due to regulatory opposition. Taiwan’s Fair Trade Commission blocked the deal, citing concerns that a 90% market share would stifle ...

UBER has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles.

Uber Technologies (NYSE:UBER) has officially scrapped its planned acquisition of the Foodpanda business in Taiwan, following ...

Uber Technologies Inc has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the local antitrust regulator rejected it in December last year. Uber is required to pay ...

Uber Technologies UBER has terminated its agreement to acquire Delivery Hero's Foodpanda business in Taiwan. The deal, valued ...

Uber Technologies (NYSE: UBER) has canceled its planned acquisition of Foodpanda Taiwan from Delivery Hero after failing to ...

Uber Technologies Inc (UBER) shares traded nearly 1% higher in Wednesday’s pre-market session despite the company deciding to ...

Delivery Hero (DLVHF) confirmed that Uber Technologies (UBER) has decided to terminate the agreement to acquire Delivery Hero’s foodpanda ...

Uber’s plan to acquire Taiwan’s Foodpanda for $950 million was blocked by the Taiwanese Fair Trade Commission. Regulators ...

Delivery Hero said Uber Technologies ended the agreement to buy the German food-delivery company's Foodpanda business in Taiwan due to regulatory issues. The company said late Tuesday that the move ...

Uber has abandoned its bid to acquire Foodpanda's operations in Taiwan and will be required to pay a hefty termination ...

Uber announced that it will terminate its deal to acquire Delivery Hero's Foodpanda in Taiwan after facing regulatory challenges.