Taiwan FTC blocks Grab's Foodpanda takeover, citing Uber's stake
( October 21, 2026, 09:31 GMT | Official Statement) -- MLex Summary: Taiwan's Fair Trade Commission on Wednesday blocked Grab's planned acquisition of Foodpanda's Taiwan operations, citing concerns that Uber's 13.1 percent stake in Grab would reduce competitive incentives between the two delivery platforms. Although Grab offered commitments including diluting Uber's stake, limiting board representation and restricting information sharing, the authority determined these measures were insufficient to eliminate competition concerns, it said in a statement on its website.Statement follows....
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