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Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+

Bloomberg :

Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+

- Fair Trade Commission concerned deal would limit competition  — Uber had sought Delivery Hero's Foodpanda unit in Taiwan

Delivery Hero's food delivery app Glovo says it will move to an employment-based model for its drivers in Spain, and anticipates a €100M earnings hit in 2025

The company, which owes €267M in unpaid social security contributions, says it will hire delivery drivers directly. apnews.com/article/spai... X: Mario Nawfal / @marionawfal : 🇪🇸SPANIARDS BRACE FOR “G...

Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B

Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B

Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering …

Uber announces plans to acquire Delivery Hero's Foodpanda business in Taiwan for $950M in an all-cash deal, expected to close in the first half of 2025

Sarah Zheng / Bloomberg :

Delivery startup Just Eat acquires rival Delivery Hero's UK business for $251M cash, plus $50M based on performance, buys Canadian rival SkipTheDishes for $83M

Ingrid Lunden / TechCrunch :