Wednesday, 15 May, 2024

Uber Acquires Delivery Hero's Foodpanda Business in Taiwan for $950 Million

Uber announces the acquisition of Foodpanda's business in Taiwan from Delivery Hero for $950 million. This strategic move strengthens Uber's presence in the food delivery market, enabling it to expand its reach and services in Taiwan. The acquisition aligns with Uber's commitment to enhancing its food delivery offerings globally, positioning the company for further growth and market dominance in the competitive food delivery industry.