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Posted on 14/05/2024

Payment cards continue to dominate Taiwan e-commerce market, reveals GlobalData

While payment cards lead, use of alternative payment options, in particular LINE Pay Apple Pay and Google Pay are rising sharply ...

Posted on 14/05/2024

Apple supplier Foxconn’s Q1 profit jumps 72% but misses forecasts

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

Posted on 14/05/2024

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 ...

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 ...

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