Uber has decided to terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday.

Uber Technologies UBER has terminated its agreement to acquire Delivery Hero's Foodpanda business in Taiwan. The deal, valued ...

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s ...

March 11 (Reuters) - Uber (UBER.N), opens new tab has terminated its $950 million bid for Delivery Hero's (DHER.DE), opens new tab Foodpanda business in Taiwan, the food delivery company said on ...

Uber Technologies Inc. UBER announced that it will terminate its deal to acquire Delivery Hero’s Foodpanda in Taiwan after facing regulatory challenges. Here’s what Benzinga’s proprietary ...

Delivery Hero said Uber Technologies ended the agreement to buy the German food-delivery company's Foodpanda business in Taiwan due to regulatory issues. The company said late Tuesday that the ...

Uber (NYSE:UBER) agreed to end a pact to purchase Delivery Hero's (OTCPK:DLVHF) foodpanda business in Taiwan. The decision to terminate the deal comes after regulators, including the Taiwan Fair ...

Uber Eats and Foodpanda are the top players in Taiwan’s food delivery market. In a recent report, it was found that Foodpanda enjoyed 52% market share from January 2022 to August 2023, while ...

(Reuters) -Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. Taiwan had in December ...

Taiwan had in December blocked the deal on anti-competitive concerns. Its Fair Trade Commission argued the buyout of Uber ...