Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the same period a year earlier, but the growth was lower than ...
COMPUTEX 2024 Forum Sets the Stage as Tech Titans Gather to Witness Next-Gen AI Developments
With the advent of the Generative AI era, the technology industry is poised to showcase a diverse array of innovations at COMPUTEX 2024. Themed "Connecting AI", this year's event will unveil the ...
Uber to Buy Delivery Hero’s Taiwan Business for $950 Million
Uber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million, shoring up its control of a key Asian market as it seeks to expand in the region.Uber, whose meal ...
UPDATE 3-Delivery Hero in $1.25 bln deal with Uber for foodpanda Taiwan sale, investment
Uber announced on Tuesday a $1.25 billion deal to take over Delivery Hero's foodpanda business in Taiwan and buy new shares in the German firm in a deal that would boost liquidity of the delivery ...
Uber to buy Delivery Hero’s Taiwan business for US$950mil
Foodpanda and UberEats have been closely competing in Taiwan’s food delivery market for years. (Foodpanda pic) TAIPEI: Uber Technologies Inc is buying Delivery Hero SE’s Foodpanda business in Taiwan ...
New Gen Drives Biz as Taiwan Sees Rise of Younger Filmmakers With Global Ambition: ‘Everything is Possible in Taiwan’
The feature “Tales of Taipei” is a tribute to the low-pressure, culturally rich city, which has been shaped by its regional neighbors, taken in diverse peoples and distilled the multiple competing ...
UPDATE 1-Uber to buy Delivery Hero’s foodpanda business in Taiwan for $950 mln
Ride-hailing company Uber will acquire Delivery Hero's foodpanda branded takeaway business in Taiwan for $950 million in cash, the companies said on Tuesday. Germany's Delivery Hero plans to ...
Uber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan
Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The ...
Uber Eats to Buy Foodpanda Taiwan Business From Delivery Hero
Uber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million. The all-cash deal, subject to regulatory approval, is expected to close in the first half of 2025, ...
Uber to Acquire Delivery Hero’s Foodpanda Business in Taiwan
U ber Technologies will acquire the Taiwan operations of Delivery Hero’s foodpanda delivery business for $950 million in cash, with closing slated for the first half of 2025. Uber will also separately ...
US and Taiwan navies quietly held Pacific drills in April
Taipei: The US and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation ...
US Congress members urge DC mayor form sister city relations with Taipei
TAIPEI (Taiwan News) — Four U.S. members of Congress signed a letter on Monday (May 13) urging Washington, D.C. Mayor Muriel Bowser to establish sister city relations with Taipei.
New Taipei city councilor inspects MRT Circular Line
TAIPEI (Taiwan News) — Democratic Progressive Party (DPP) New Taipei City Councilor Chang Chia-ling (張嘉玲) inspected a section of the Taipei MRT Circular Line damaged by the April 3 earthquake, which ...
Central bank has AI in its intervention corner
TAIPEI: As a strong US dollar drives up currency volatility across Asia, an artificial intelligence-fuelled tech boom has offered Taiwan some reprieve.
AI “Sweet Spot” Lifts Taiwan’s Main Stock Index To Record High
Among a slew of stock gainers in the past year, U.S.-traded shares in chipmaker Taiwan Semiconductor Manufacturing, or TSMC – whose clients include AI chip heavyweight Nvidia and Apple — on Friday ...
Exclusive: U.S. and Taiwan navies quietly held Pacific drills in April, sources say
The U.S. and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation amid ...