Uber announces plans to acquire Delivery Hero’s Foodpanda business in Taiwan for $950M in an all-cash deal, expected to close in the first half of 2025 (Sarah Zheng/Bloomberg)

Sarah Zheng / Bloomberg:
Uber announces plans to acquire Delivery Hero’s Foodpanda business in Taiwan for $950M in an all-cash deal, expected to close in the first half of 2025  —  – It aims to get approval to pick up Foodpanda by early 2025  — Uber’s meal delivery arm has outperformed expectations