FOODPANDA

Uber Technologies Inc. (NYSE:UBER) announced that it will terminate its deal to acquire Delivery Hero’s Foodpanda in Taiwan after facing regulatory challenges. Here’s what Benzinga’s proprietary edge rankings show about the stock. What Happened: Uber signed the $950 million deal...

Taiwan’s Fair Trade Commission (FTC) has reportedly blocked Uber Technologies, Inc. (NYSE:UBER) $950 million acquisition of Delivery Hero’s Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber...