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Uber Stock Lower

Hosted on MSN · 1d

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.

YAHOO!Finance · 16h

Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says

M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.

17h

Bernstein not convinced Uber would be successful appealing TFTC on foodpanda

After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition ...

14h

Uber's Death Cross: Chart Looks 'Terrible,' Yet Jim Cramer Sees Opportunity

Uber stock (NYSE:UBER) faces a technical hurdle as its 50-day moving average dips below its 200-day moving average, signaling ...

1don 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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