Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that ...

Taiwan, home to the local companies involved, has blocked Uber Technologies' (UBER, Financial) proposed $950 million acquisition of Foodpanda's local delivery business, citing anticompetition ...

Bloomberg / Contributor / Getty Images Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda, The Wall Street Journal reported Thursday.

Uber Technologies (NYSE:UBER) just hit a major speed bump in Taiwan. The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's Foodpanda ...

TAIPEI: Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday (Dec 25) that the deal would significantly harm market competition.

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 Technologies Inc (NYSE:UBER) stock is down 0.2% at $61.58 at last glance, after Taiwan's Fair Trade Commission (FTC) blocked the acquisition of food delivery business foodpanda, which is ...

Taipei, Taiwan — Taiwan has rejected ride-hailing giant Uber’s plan to buy Delivery Hero’s Foodpanda on the island, stating on Wednesday that the deal would significantly harm market ...

Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' (UBER.N), opens new tab $950 million purchase of Delivery Hero's (DHER.DE), opens new tab Foodpanda business on the island because of ...

Taiwan has blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns, thwarting the U.S. company's efforts to expand in Asia.