Uber, referring to regulatory barriers, purchase of Woodpanda Taiwan, regulation barriers

Uber Technologies, German-based technological company Taiwan in Taiwan Delivery Hero FOODPANIA Said on Tuesday.

The announcement comes about three months later The Taiwan’s Antitrest Regulator To the bargain, referring to Competition issues. Fair Trade Commission (FTC) said that if Uber Buka was buying in Woodpanda, the market share in Taiwan will increase to 90%, potentially increased by Uber.

Uber eats and has foodpanda The best players In the food delivery market of Taiwan. In the final report, found This FOODPANDA received a Spring share of market share since 2023 since January 2022, 2023 since 2023. Food delivery companies, such as foodomo and many other fast-food delivery applications, are a small percentage of the Taiwan market share.

As part of the contract signed on May 14, 2024, Uber, the estimated termination of the estimated issue of about $ 250 million is required.

Uber and Delivery Hero did not respond to a TechCrunch request for immediate comments.

When uber declared This will be taken from the hero of Taiwan’s Taiwanese division, and the transaction is expected to be completed in the first half of 2025. The two companies are dealing with a separate agreement that Uber agrees to buy $ 300 million from a $ 300 million issue hero.

The transaction also stressed the continuous withdrawal of the delivery hero of the same market. At the same time, the Delivery Hero tried to sell another southeastern operation package, including other southeastern Asian operations package – Singapore, Cambodia, Laos, LAOS, Malaysia, Myanmar, Myanmar, Myanmada and Thailand – not disclosed. In September 2023, this This ended the discussionsIn a statement, “after the discussions after the discussions, a decision was made to cancel.”

The food supply department of the delivery protagonist competes in Southeast Asia.

In September its section in his food put a layoff Potential is aimed at easy operations before sales. The cuts followed the withdrawal of previous personnel in 2022 and 2023.