Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Key Takeaways Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda, The Wall Street Journal reported Thursday.Officials reportedly said Uber's acquisition of the Delivery Hero-owned business would be anti-competitive.
Uber Stock Falters After Taiwan Blocks Acquisition
Uber Technologies (UBER) stock is lower today, after Taiwan blocked its acquisition of food delivery business 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.
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
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.
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).
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 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.
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.
TaiwanPlus News on MSN1d
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 ...
Japan targets Google over alleged Android ecosystem monopolization
In a similar case, the European Union took action against Google in 2018, accusing Google of breaching European antitrust law ...
조선일보3d
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's antitrust watchdog to find Google violated law in search case, Nikkei reports
The Japan Fair Trade Commission(JFTC) will soon issue a cease and desist order asking Google to halt its monopolistic ...