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FTC, Uber and foodpanda

Bernstein Unconvinced Uber Will Win If It Appeals Against Taiwan FTC On Foodpanda Acquisition: Retail’s Upbeat On Stock

After Taiwan’s anti-trust regulator rejected Uber Technologies’ bid to acquire Delivery Hero’s Foodpanda, citing anti-competitive concerns, Bernstein reportedly said they remain unconvinced if Uber will win if it decides to appeal against the decision.

YAHOO!Finance · 1d

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.

The Taipei Times · 3d

FTC blocks Uber’s Foodpanda plan

Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the Fair Trade Commission (FTC) said yesterday, citing anti-competitive concerns.

Hosted on MSN2d

Taiwan FTC halts Uber’s Foodpanda deal over competition issues

Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda ...

The Week3d

Taiwan FTC blocks USD 950 million Uber Eats-Foodpanda deal on anti-competition concerns

NYSE-listed Uber and Germany-based Delivery Hero announced the takeover deal for Foodpanda’s Taiwan food delivery business ...

Taiwan Shuts Down Uber's $950M Foodpanda Deal in Shocking Antitrust Ruling

The country's Fair Trade Commission (FTC) slammed the brakes on Uber's $950 million bid to acquire Delivery Hero's Foodpanda business, citing fears of a market monopoly. Together, these two giants ...

Free Malaysia Today3d

Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit

“The main competition for Uber Eats comes from Foodpanda,” Fair Trade Commission (FTC) vice-chairperson Chen Chih-min ...

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