Taiwan blocks Uber’s $1.2b Foodpanda deal over competition concerns

Quick Summary:

Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May.

A 2020 photo showing Foodpanda riders getting ready to make deliveries outside a restaurant in Kuala Lumpur, Malaysia.

Uber and Foodpanda did not immediately respond to requests for comment outside regular business hours.

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Article Details

Category: EconomyBusiness

Markets: SingaporeMalaysiaTaiwan

Topics: Uber Delivery Million Business Market Food Blocks Media Foodpanda Taiwan Competitive

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 00:08:56 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24663020

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 7 posts per day

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Headquarters: Singapore

News Last Updated: 4 hours ago

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Publisher ID: #25

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