Uber To Acquire Delivery Hero’s Foodpanda Business In Taiwan For $950 Million

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Uber To Acquire Delivery Hero’s Foodpanda Business In Taiwan For $950 Million

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 Taiwan’s largest acquisitions outside its core semiconductor sector. The acquision is subject to regulatory approval and other customary closing conditions by early 2025
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