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Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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, ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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.

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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.

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

Taiwan, Australia sign science, tech cooperation deal

Taiwan and Australia yesterday signed a scientific and technological cooperation agreement, the National Science and Technology Council said.

Posted on 14/05/2024

House Price Change 15 Years (Inflation-Adjusted) in Taiwan compared to Asia

Taiwan does not publish official house price statistics. Sinyi Realty has quarterly and monthly house price indices. General economics statistics for Taiwan are available from the Central Bank of ...

Posted on 14/05/2024

Taiwan’s Democracy Is Thriving in China’s Shadow

Despite China’s growing pressure, Taiwan has developed one of the world’s strongest democracies—one that will be increasingly tested in the coming years.

Posted on 14/05/2024

Taiwan’s Wide AI “Sweet Spot” Lifts Its 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 ...

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