Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash

TechCrunch
By Kate ParkMay 14, 2024, 5:37 am281 pts
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Micron sets 1γ as mainstream node for 2026 as HBM and SOCAMM2 ramp

Digitimes

Micron sets 1γ as mainstream node for 2026 as HBM and SOCAMM2 ramp 130

Edge AI: The future of AI inference is smarter local compute

InfoWorld

Edge AI: The future of AI inference is smarter local compute 128

Dumbphone Owners Have Lost Their Minds

Wired

Dumbphone Owners Have Lost Their Minds 125

Tariffs reshuffle global supply chains, but US manufacturing revival remains elusive

Digitimes

Tariffs reshuffle global supply chains, but US manufacturing revival remains elusive 120

Threads Is Now Clearly More Popular Than X (in Mobile App Form), Report Says

Gizmodo

Threads Is Now Clearly More Popular Than X (in Mobile App Form), Report Says 117

AI bubble concerns ease with Taiwan's IT sector-driven economic growth

Digitimes

AI bubble concerns ease with Taiwan's IT sector-driven economic growth 116

The Seagate FireCuda 530R is an okay PS5 SSD, but it’s another victim of the ongoing RAM shortage

TechRadar

The Seagate FireCuda 530R is an okay PS5 SSD, but it’s another victim of the ongoing RAM shortage 111

OpenAI and Cerebras reach US$10 billion agreement to reduce Nvidia dependence

Digitimes

OpenAI and Cerebras reach US$10 billion agreement to reduce Nvidia dependence 102

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Nvidia Contacted Anna's Archive To…

Nvidia Contacted Anna's Archive To Secure Access To Millions of Pirated Books

Congress Wants To Hand Your Parenting To…

Congress Wants To Hand Your Parenting To Big Tech

WhatsApp Texts Are Not Contracts, Judge…

WhatsApp Texts Are Not Contracts, Judge Rules in $2M Divorce Row

Huge data breach reveals info on 750,000…

Huge data breach reveals info on 750,000 investors - here's what we know, and…

Elon Musk accused of making up math to…

Elon Musk accused of making up math to squeeze $134B from OpenAI, Microsoft

Valve Has 'Significantly' Rewritten…

Valve Has 'Significantly' Rewritten Steam's Rules For How Developers Must…

Malware control panels could give…

Malware control panels could give experts the tools they need to spy on hackers

China's rare earth supply hit by factory…

China's rare earth supply hit by factory blast as exports slip

Hiring at India’s Big Four outsourcers…

Hiring at India’s Big Four outsourcers stalls, as AI seemingly makes an impact

Apple-Google AI partnership could…

Apple-Google AI partnership could reshape voice assistant market, valuing up to…