Tag: foodpanda

Uber to buy Delivery Hero’s foodpanda business in Taiwan for $950 million

(Reuters) -Ride-hailing company Uber will acquire Delivery Hero’s foodpanda branded takeaway business in Taiwan for $950 million in cash, the companies said on Tuesday. Germany’s Delivery Hero plans to additionally issue 8.42 million new ordinary registered shares which Uber has agreed to purchase for $300 million, the two companies said. Following the move, Uber would […]