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Delivery market faces shake-up as Uber Eats buys foodpanda
Uber Eats’ acquisition of foodpanda for US$950 million is set to reshape Taiwan’s delivery market, potentially monopolizing it by 2025. How will this affect Taiwan’s delivery, dining, and retail industries?2024/05/24 16:57 -
Uber Eats, foodpanda merger to dominate Taiwan’s market
Discover how Uber’s acquisition of foodpanda for US$950 million sets the stage for a major shift in Taiwan’s food delivery market, pending regulatory approval. Learn about the potential market impacts and consumer concerns.2024/05/15 10:11 -
Major expansion: Uber Eats buys Foodpanda in Taiwan deal
Uber to acquire foodpanda’s Taiwan operations for US$950 million, expanding its footprint in Taiwan’s delivery market. The deal includes a US$300 million investment in Delivery Hero and awaits regulatory approval. This strategic move aims to merge foodpanda’s local network with Uber Eats, promising enhanced services for consumers, merchants, and delivery partners across Taiwan.2024/05/14 13:18