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Delivery Hero shares surge as Uber buys Taiwan business for $950m

By Frank Prenesti

Date: Tuesday 14 May 2024

(Sharecast News) - Shares in Delivery Hero surged by more than 20% after it agreed to sell its Foodpanda delivery business in Taiwan to ride-hailing giant Uber for $950m.
Uber, which is looking to expand its food delivery operations in the region, said it wants to complete the deal by the...

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