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Uber, foodpanda and FTC

Hosted on MSN · 23h

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.

The Taipei Times · 2d

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.

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.

Free Malaysia Today2d

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 ...

Yahoo Finance2d

Taiwan Blocks Uber's $950M Foodpanda Deal Over Antitrust Concerns

Taiwan, home to the local companies involved, has blocked Uber Technologies' (UBER, Financial) proposed $950 million ...

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