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

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Uber Eats,Foodpanda

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...

-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.

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Uber Eats to Buy Foodpanda Taiwan Business From Delivery HeroUber Technologies Inc. is buying Delivery Hero SE’s Foodpanda business in Taiwan for $950 million.
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