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Uber Stock Lower

Hosted on MSN · 18h

Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators

Key Takeaways Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda, The Wall Street Journal reported Thursday.Officials reportedly said Uber's acquisition of the Delivery Hero-owned business would be anti-competitive.

Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal

Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.

MarketWatch · 2h

Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover

Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.

2h

Delivery Hero slumps as sale of Taiwan subsidiary to Uber blocked

Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked. The Taiwan Fair ...

22hon MSN

5 Things to Know Before the Stock Market Opens

U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.

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