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 ...

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 Commission (FTC ...

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 ...

Business Taiwan blocks Uber-Foodpanda merger over monopoly concerns The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million.

Uber and Foodpanda did not immediately respond to requests for comment outside regular business hours. Delivery Hero said in a statement Uber may either appeal the commission's decision or ...

JAKOB Angele worked at Foodpanda for nearly a decade, leading the food delivery firm in the last six years of his nine-year stint. But in October 2023, he abruptly stepped down as CEO and left the ...

Delivery platforms claim that the relationship between the platform and the delivery workers is a commission by contract. However, in October 2019, the Ministry of Labor of Taiwan ruled that UberEats, ...

UberEats, Foodpanda, and Lalamove, the largest delivery platforms in the city, are expected to receive 12,000 of the test kits. Starting Monday (June 13), the free test kit distribution points are the ...