Taiwan, which has a major trade surplus with US, is among the nations hit by the new tariffs, though key exports like ...

The decision to terminate the deal comes after regulators, including the Taiwan Fair Trade Commission, decided not to approve the transaction, according to statement from Delivery Hero on Tuesday.

The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda ...

This decision follows the Taiwan Fair Trade Commission and other local regulatory authorities' refusal to approve the deal, along with the expiration of the appeal period. Under the agreement ...

(Reuters) -Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. Taiwan had in December ...

Taiwan's Fair Trade Commission in December ruled the planned merger between Uber Eats and Foodpanda would constitute an illegal monopoly as the two platforms account for over 90% of Taiwan's food ...

Taiwan had in December blocked the deal on anti-competitive concerns. Its Fair Trade Commission argued the buyout of Uber's main rival, Foodpanda, would increase the combined market share to 90% ...