Uber Technologies Inc (UBER) shares traded nearly 1% higher in Wednesday’s pre-market session despite the company deciding to terminate the agreement to acquire Delivery Hero’s Foodpanda business in ...

Uber Technologies announced on Tuesday that it has terminated its acquisition of Delivery Hero’s Foodpanda in Taiwan. The ...

Through this acquisition, Uber intended to expand its Uber Eats delivery arm by leveraging Foodpanda’s strong presence in Taiwan. Effectively assess a stock's risks and opportunities with a clear ...

Uber, which owns food delivery arm Uber Eats, has been looking to tap into the growing quick-commerce business of Foodpanda to expand its reach. Reporting by Zaheer Kachwala, Chandni Shah ...

said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, potentially leading to price increases by Uber. Uber Eats and Foodpanda are the top players in Taiwan’s ...

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

Uber has abandoned its bid to acquire Foodpanda's operations in Taiwan and will be required to pay a hefty termination penalty. Uber, the parent company of Uber Eats, has terminated its NT$31.28 ...

Uber Eats is giving up its plan to acquire Foodpanda’s Taiwan delivery service and must pay a fee of US$250 million (NT$8.22 billion) for canceling the agreement, reports said. Uber Technologies Inc ...

Uber Technologies (NYSE: UBER) has canceled its planned acquisition of Foodpanda Taiwan from Delivery Hero after failing to secure regulatory approval. The deal, signed on May 14, was abandoned when ...