Uber to acquire Foodpanda's Taiwan unit from Delivery Hero for $950M in cash | TechCrunch
Briefly

Uber acquires Foodpanda Taiwan for $950 million, part of its strategy to expand in Asia and enhance position in Taiwan.
Foodpanda led with 52% market share, Uber Eats had 48% in Taiwan; other players have lesser market share.
Uber sees synergies in deal, combining wider selection in northern Taiwan with Foodpanda's strength in southern regions and smaller cities.
Read at TechCrunch
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