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Taiwan Blocks Uber Eats-Foodpanda Deal
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.
Taiwan regulators block Uber's $950 million Foodpanda deal
Taiwanese antitrust regulators on Wednesday blocked Uber from buying the Taiwan unit of Foodpanda from Delivery Hero for $950 million in cash. Why it matters: This would have been one of the largest foreign acquisitions ever of a Taiwanese company outside of the semiconductor sector.
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.
2d
Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal
Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.
15h
Bernstein not convinced Uber would be successful appealing TFTC on foodpanda
After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition of foodpanda in Taiwan, Bernstein notes that Uber ...
1d
Starbucks, Uber, Twilio And A Financial Stock On CNBC's 'Final Trades'
Starbucks said its board approved a quarterly cash dividend of 61 cents per share of outstanding common stock.
2d
on MSN
5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.
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