Uber buys Foodpanda Taiwan for $950M in cash

By  
Artur Stańczuk
May 19, 2024
0
min read
Share this post

Summary:

Uber will acquire Delivery Hero’s Foodpanda Taiwan for $950M in cash. The deal includes a $300M stake in Delivery Hero. The acquisition will strengthen Uber Eats in Taiwan, where it competes closely with Foodpanda. Completion is expected in H1 2025.

Subscribe to unlock premium content

Each week we select most important sector news and statistic
so that you can be up to speed

Unlock content
Unlock content
Unlock content
By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.