Uber Technologies Inc. has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the island’s antitrust regulator rejected it in December.
Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee
Uber has decided to terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday.
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. Taiwan had in December blocked the ...
China steel, beer anti-dumping probes launched
The government has started anti-dumping probes into beer and certain steel products from China, adding to a string of measures targeting Chinese exports by trade partners around the world. Officials ...
CrowdStrike Recognizes 2025 Partner Award Winners at Asia Pacific and Japan Partner Symposium
APJ Partner Symposium – CrowdStrike (NASDAQ: CRWD) today announced the winners of the annual CrowdStrike Asia Pacific and Japan (APJ) Partner Awards at its 2025 APJ Partner Symposium in Taipei. The ...
Uber terminates deal for Delivery Hero’s Taiwan foodpanda business
Uber (NYSE:UBER) agreed to end a pact to purchase Delivery Hero's (OTCPK:DLVHF) foodpanda business in Taiwan. The decision to terminate the deal comes after regulators, including the Taiwan Fair Trade ...
Is Taiwan Semiconductor Manufacturing Company Limited (TSM) the Top Semiconductor Stock to Buy Now?
We recently published a list of Top 10 Semiconductor Stocks to Buy Now. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands ...
TSMC remains top chip foundry as sales rise 14%
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) retained its top position in the global wafer foundry business in the fourth quarter of last year and widened its lead over second-placed Samsung ...
Foxconn unveils first large language model
Taiwan’s Foxconn said on Monday it has launched its first large language model and plans to use the technology to improve manufacturing and supply chain management.
What Slowdown? Xi Says China Must Win the Global Tech Race.
Xi Jinping wants China to surpass rivals as a tech superpower, undeterred by economic woes or trade wars. Critics ask if this focus neglects struggling citizens.
Hon Hai launches its first advanced LLM ‘FoxBrain’
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with ...
Taiwan Semiconductor Announces a $100 Billion U.S. Investment. Is The Stock a Buy?
Taiwan Semiconductor Manufacturing (NYSE: TSM) (TSMC) made headlines recently when it announced an additional $100 billion investment in U.S. production facilities. This is huge news for the company, ...
Taipei AMPA 2025 returns this April 23-26, one of Asia’s largest automotive trade shows
Taipei AMPA, one of Asia’s largest automotive trade shows, will return this April 23-26, 2025, at the Taipei Nangang Exhibition Centre. The show this year ...
TSMC to launch large-scale talent recruitment drive
To attract talent, TSMC would launch a large-scale recruitment campaign on campuses across Taiwan, where a newly recruited engineer with a master’s degree could expect to receive an average salary of ...
Chip partnership ‘positive’: AIT head
The Taiwan-US relationship in the semiconductor sector is not a “zero-sum” game, but a “positive-sum” one, American Institute in Taiwan (AIT) Director Raymond Greene said, adding that the US and ...
Taiwan Shows US Allies How To Win Over Trump
Taiwan also is not the only government to win favor in Washington. Saudi Arabia's $1.3 trillion U.S. spending plan, announced last week, has earned the promise of a state visit by Trump. The trip will ...