Uber Announces Acquisition of Delivery Hero's Foodpanda Business in Taiwan
Tuesday, 14 May 2024, 06:25
Uber's Milestone Acquisition in Taiwan
Uber has made a significant move by acquiring Delivery Hero's Foodpanda business in Taiwan for US$950 million, showcasing its commitment to expanding its presence in the food delivery sector. The deal, revealed on Tuesday, has sent ripples through the industry, highlighting Uber's focus on strengthening its foothold in the market.
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