Uber Technologies on Tuesday announced that it will acquire Delivery Hero’s Foodpanda food delivery business in Taiwan for $950 million in cash. The deal, if it goes through, would be one of ...

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.

Ride-hailing giant Uber has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million. In Taiwan, UberEats andFoodpanda have been in close ...

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero's Foodpanda for $950 million in cash. The deal is part of Uber Eats' strategy to expand in Asia, specifically ...

Under the deal, Uber will take over the foodpanda business in Taiwan for $900 million in cash and purchase $300 million in newly issued shares of Delivery Hero at 33 euros each, a 30% premium to ...

(RTTNews) - Delivery Hero SE announced that Uber Technologies Inc. (UBER) has decided to terminate the agreement to acquire Delivery Hero's foodpanda business in Taiwan. This decision follows the ...

Uber Technologies kauft das Foodpanda-Geschäft von Delivery Hero in Taiwan für 950 Millionen Dollar (881 Millionen Euro) und stärkt damit seine Kontrolle über einen wichtigen asiatischen Markt.

According to the company's half-year financial report, 47,208 employees were working at Delivery Hero as of June 30, 2023, down from 51,118 at the end of 2022.

Uber Technologies UBER -1.64% will buy Delivery Hero ’s DHER -2.76% Foodpanda delivery business in Taiwan for $950 million cash, marking a major expansion for the U.S. company in Asia.

Due to its existing presence in Taiwan, Uber is best placed to build upon the significant local operations developed by Delivery Hero and foodpanda over the past years, and invest further into an ...

By Ben Otto Uber Technologies will buy Delivery Hero's Foodpanda delivery business in Taiwan for $950 million cash, marking a major expansion for the U.S. company in Asia.