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Uber, Taiwan and foodpanda

Hosted on MSN · 20h

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.

YAHOO!Finance · 1h

Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says

M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.

MarketWatch · 4h

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%.

1don 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.

1d

Taiwan blocks Uber’s $1.3 billion Foodpanda deal over competition concerns

Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.

19h

Wall Street Lunch: Record Holiday Spending Faces 'Returnuary'

Holiday spending surged, but returns are expected to hit 17% of U.S. merchandise sales, totaling $890 billion, highlighting ...

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