Uber terminates foodpanda Taiwan acquisition

Uber Terminates Deal to Buy Delivery Hero’s Taiwan Business
Uber Technologies Inc. has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the island’s antitrust regulator rejected it in December.
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.
Uber ends acquisition agreement of Delivery Hero’s Taiwan foodpanda business
Delivery Hero (DLVHF) confirmed that Uber Technologies (UBER) has decided to terminate the agreement to acquire Delivery Hero’s foodpanda
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 had blocked the deal,
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
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. Taiwan had in December blocked the deal on anti-competitive concerns.
Travis Kalanick thinks Uber screwed up: ‘Wish we had an autonomous ride-sharing product’
Travis Kalanick, the former CEO of Uber, made it clear on Wednesday: he believes the company’s decision to abandon its ...
More than 1,600 sexual assault cases against Uber merged in far-reaching court ruling
Uber said that the fine print in its terms of use barred riders from joining mass lawsuits. The 9th Circuit said no way.
Crain's Chicago Business1h
Unions waging turf battle to organize Uber and Lyft drivers
As they fight against a Chicago rideshare ordinance, Uber and Lyft have found themselves in the middle of a battle between ...
Uber's Ex-Security Officer Can't Shake Obstruction Conviction
The former chief security officer for Uber Technologies lost his Ninth Circuit appeal to undo convictions for covering up a major 2016 data breach after the court rejected challenges to the jury ...
Courthouse News Service28m
Grubhub antitrust case belongs in court, Second Circuit rules; Postmates, Uber Eats win arbitration
Thanks to its user terms, GrubHub will keep fighting antitrust claims in federal court, while Postmates and Uber Eats may ...
Waymo vs. Uber: Let’s all take a trip down memory lane
When I entered the Waymo-Uber party Monday evening, I stopped and reflected on what a wild moment this was. The scene, which ...
Lawsuit claims Uber was negligent, allowed teen to be taken to her alleged attacker 30 miles away from home
A Georgia mom is filing a Gwinnett County lawsuit against Uber and a driver, claiming that the rideshare company was ...
WBNG2h
Harding Mazzotti LLP offers $20 Uber vouchers for St. Patrick’s Day weekend
Harding Mazzotti LLP marks St. Patrick’s Day this year by promoting road safety through its Safe Ride Home initiative.
Waymo and Uber's pre-SXSW collaboration launch highlights their commitment to future tech
Autonomous cars are reminiscent of past SXSW announcements. Now, Waymo and Uber are using this technology to help power the festival.
Uber Battles for Survival as Self-Driving Giants Tesla and Waymo Threaten Market
Uber (UBER) stock has been stuck in neutral since Tesla announced its robo-taxi plans last year. Barron’s reports that investors fear ...
Uber driver shares ‘wildly illegal’ item a mom left in his car to make sure he didn’t leave
Then this driver also felt the situation was serious, and they wrote, “Technically, it’s child endangerment. They are leaving ...