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.
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber Technologies (NYSE:UBER) planned $950 million acquisition of Delivery Hero SE'S (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was blocked by Taiwan's Fair Trade Commission,
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
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%.
Taiwan FTC blocks USD 950 million Uber Eats-Foodpanda deal on anti-competition concerns
NYSE-listed Uber and Germany-based Delivery Hero announced the takeover deal for Foodpanda’s Taiwan food delivery business back in May, but the island’s Fair Trade Commission reportedly blocked the de
Uber reacts to regulatory snub in Taiwan
Uber Technologies (NYSE:UBER) issued a statement on Thursday after the company's planned $950 million acquisition of Delivery Hero SE's (DHERO) Foodpanda business was blocked by Taiwan's Fair Trade Commission.
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.
Uber Stock Falters After Taiwan Blocks Acquisition
Uber Technologies (UBER) stock is lower today, after Taiwan blocked its acquisition of food delivery business foodpanda
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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 ...
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 ...
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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.