Taiwan halts Uber's $950m Foodpanda deal, cites antitrust concerns

Taiwan halts Uber's $950m Foodpanda deal, cites antitrust concerns

Photo: foodpanda

Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday.

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