Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda.
Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business
Taiwan has blocked Uber Technologies’ planned takeover on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.
FTC blocks Uber’s Foodpanda plan
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.
Taiwan blocks $950 mn Uber-Foodpanda deal, merger to exceed 90% market share
Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it would be anti-competitive
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber's $950 million acquisition of Foodpanda in Taiwan blocked by antitrust regulators, affecting both Uber Technologies (UBER) and Delivery Hero's (DHERO).
Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.
Delivery Hero Falls 9% After Sale of Taiwan Unit to Uber Blocked
Delivery Hero SE shares fell the most in two weeks in the first day of trading after Taiwan blocked the sale of its subsidiary there to Uber Technologies Inc.
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
M purchase of Delivery Hero’s Foodpanda business over concerns it would be anti-competitive, Reuters reports. Deliv
Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
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) said on Wednesday.
Uber Disappointed as Taiwan Rejects Deal for Delivery Hero Unit
Uber Technologies Inc. said it remained committed to Taiwan after the island’s anti-trust regulator rejected its plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million.
Japan targets Google over alleged Android ecosystem monopolization
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Uber Eats-Foodpanda Merger Blocked by Taiwan Fair Trade Commission - TaiwanPlus News
Taiwan’s Fair Trade Commission has rejected a proposed US$900 million deal for Uber Eats to acquire the Taiwan business of ...
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Korean Railway misleads with overstated KTX first-class discounts, faces correction
Korea Railroad Corporation received a corrective order from the Fair Trade Commission for displaying higher KTX first-class ...
Google to Fight Japan’s Claims That It Hobbles Rivals in Search
Alphabet Inc. is preparing to counter Japanese government allegations that it engages in anticompetitive practices such as ...
European shares flat after Christmas break; set for modest weekly gains
Europe's main stock index opened flat on Friday after a two-day holiday, but its modest gains earlier in the week have kept ...
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Korea penalizes tennis importers over resale price maintenance
Korea penalizes tennis importers over resale price maintenance Amersports Korea is penalized for unfair pricing practices.
Japan is the latest country to accuse Google of antitrust violations
Japan’s antitrust watchdog is reportedly accusing Google of violating antitrust laws over its Chrome browser and bundling ...