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%.
After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition ...
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Anshul Khandelwal, chief marketing officer of Ola Electric Mobility Ltd., resigned on Friday citing personal reasons, ...
Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.
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