Uber Spices Up Taiwan's Food Delivery Scene With $950M foodpanda Deal: What's On The Menu?
Benzinga
MAY 14, 2024
Uber Technologies, Inc. NYSE: UBER ) and Delivery Hero SE have struck a deal, with Uber set to acquire Delivery Hero’s foodpanda delivery arm in Taiwan for $950 million in cash. Separately, the companies have also agreed for Uber to purchase $300 million in newly issued ordinary shares of Delivery Hero.
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