Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
11 March 2025 at 22:34
Uber Technologies has ended its acquisition of Delivery Heroβs Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwanβs antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, [β¦]
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