Uber Technologies is acquiring Delivery Hero SE's Foodpanda business in Taiwan for $950 million. The deal materially expands Uber's food-delivery footprint in Taiwan and represents a sector-moving consolidation that should boost Uber's local market share and pressure regional delivery competitors.
Uber Technologies is acquiring Delivery Hero SE's Foodpanda business in Taiwan for $950 million. The deal materially expands Uber's food-delivery footprint in Taiwan and represents a sector-moving consolidation that should boost Uber's local market share and pressure regional delivery competitors.
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