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 ...
Uber’s $950M purchase of Delivery Hero’s Foodpanda business blocked by Taiwan
Uber Technologies (NYSE:UBER) planned $950 million acquisition of Delivery Hero SE'S (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was blocked ...
Taiwan blocks Uber-Foodpanda merger over monopoly concerns
The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million.
Taiwan Blocks Uber Purchase of Delivery Hero’s Arm, CNA Says
Taiwan has rejected Uber Technologies Inc.’s plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan for roughly $950 million, the official Central News Agency reported.
New generation of iBOXes to be launched in Taipei
Taiwan’s first facility featuring the next generation of iBOX terminals would be launched at Chingtian Post Office in Taipei in February, Chunghwa Post said yesterday. The new service is to be ...
Taiwan Railway expects to post losses of NT$12bn
Taiwan Railway Corp is likely to post losses of NT$12 billion (US$367.31 million) this year, its first year as a state-owned corporation after having been a government agency for many decades. The ...
USTBC: Taiwan May Propose Ambitious Arms Purchase Plan Under Trump – TaiwanPlus News
The U.S.-Taiwan Business Council anticipates that Taiwan might propose an ambitious arms purchase plan following the inauguration of President-elect Donald Trump. According to council president Rupert ...
Taiwan detects 2 Chinese military aircraft, 7 vessels near its territory
These repeated patterns of escalated manoeuvres by China around Taiwan have raised concerns over regional stability ...
Taiwan major issue for world peace: Trump in meeting with Shinzo Abe’s wife
Trump's comments on Taiwan's importance highlighted the significance of the potential Taiwan-China conflict and its broader implications for world peace ...
Taiwan wants to build the West’s army of drones
The small defense and aerospace company, an hour's drive southwest of Taiwan's capital Taipei, launched in 2018 and is part of a cluster of companies making drones and anti-drone detection systems ...
Woman suspected of poisoning Australian charged with attempted murder
A woman who allegedly spiked the food and drinks of an Australian man with rat poison, leaving him in intensive care, has been charged with attempted murder, the Taipei District Prosecutors’ Office ...
Nvidia’s Booming A.I. Business Collides With U.S.-Chinese Tensions
The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.
Taiwan is everyone’s concern: Blinken
Taiwan is “everyone’s business,” as a crisis over Taiwan would have global implications, US Secretary of State Antony Blinken said, adding that US President Joe Biden’s administration has shored up ...
Taiwan’s China Airlines orders $11.9 bln in Boeing, Airbus jets
Taiwan's China Airlines said on Thursday it had ordered 10 Boeing 777-9 aircraft and 10 Airbus A350-1000s for its long-haul fleet renewal, as well as four 777-8 freighter aircraft for $11.9 billion.
Taiwan’s Foxconn in talks with Renault over Nissan stake: report
Taiwan's Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker Nissan, a report said Thursday, after the Japanese firm rebuffed its inquiries about an ...
Lawmakers divided over group tourism
Lawmakers yesterday engaged in a feverish debate during a meeting of the legislature’s Transportation Committee over whether the ban on tour group travel to China should be lifted. The debate followed ...