FTC blocks Uber’s Foodpanda plan - Taipei Times
Dec 25, 2024 · Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the Fair Trade Commission (FTC) said yesterday, citing anti-competitive concerns. UberEats had aimed to complete the all-cash deal by the first half of …
Taiwan FTC halts Uber’s Foodpanda deal over competition issues
Dec 26, 2024 · Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in the market.
Taiwan blocks Uber’s $1.3 billion Foodpanda deal over …
Dec 25, 2024 · TAIPEI - Taiwan has blocked Uber Technologies’ US$950 million (S$1.3 billion) purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the...
Taiwan Shuts Down Uber's $950M Foodpanda Deal in Shocking …
Dec 26, 2024 · Uber Technologies (NYSE:UBER) just hit a major speed bump in Taiwan. The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's Foodpanda...
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters …
Dec 26, 2024 · Taiwan’s Fair Trade Commission blocked Uber‘s (UBER) $950M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports.
Taiwan blocks Uber's $950 million Foodpanda deal over …
Dec 25, 2024 · (Reuters) -Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade...
Taiwan Blocks Uber’s Acquisition of Foodpanda Over Competition …
Dec 26, 2024 · Taiwan’s Fair Trade Commission (FTC) has blocked Uber Technologies’ $950 million acquisition of Delivery Hero’s Foodpanda operations on the island, citing anti-competitive concerns. The FTC announced the decision on Wednesday, highlighting that the merger would negatively impact market competition.
Taiwan FTC blocks Uber Eats-Foodpanda merger | Taiwan News
Dec 25, 2024 · TAIPEI (Taiwan News) — Taiwan's FTC announced it will block the merger between Uber Eats and Foodpanda on Wednesday, citing concerns about market overconcentration. Uber Eats had announced on May 14 its plans to acquire Foodpanda, per CNA .
Taiwan FTC Halts Uber’s $950M Foodpanda Buyout Over Antitrust …
2 days ago · Uber Technologies’ ambitious plans to acquire Foodpanda’s Taiwan operations for $950 million have hit a roadblock after Taiwan’s Fair Trade Commission (FTC) rejected the deal, citing ...
Taiwan Blocks Uber's Foodpanda Takeover Amid Fears of
Dec 26, 2024 · On Wednesday, the Fair Trade Commission (FTC) announced that Taiwan had barred Uber Technologies' $950 million acquisition of Delivery Hero's Foodpanda operation on the island due to concerns...