(Reuters) – Taiwan blocked Uber Applied sciences’ (NYSE:) $950 million buy of Supply Hero’s Foodpanda enterprise on the island resulting from competitors considerations, Bloomberg Information reported on Wednesday, citing the Taiwan’s official Central Information Company (CNA).
Uber, Supply Hero and Foodpanda didn’t instantly reply to requests for remark exterior of regular enterprise hours.
The Taiwan Truthful Commerce Fee couldn’t instantly be contacted.
Bloomberg Information mentioned CNA didn’t say the place it obtained the data.
Uber and Supply Hero introduced the deal in Taiwan in Might, which additionally included a separate settlement for Uber to purchase $300 million value of newly issued shares within the German meals supply firm.
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