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Taiwan Blocks Grab’s $600 Million Purchase of Foodpanda’s Taiwan Business

$600M
blocked acquisition
FTC Commissioner Shin Chih-chung cited equity ties, board overlap and past cooperation with Uber, which owns 13.1% of Grab.
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FTC Commissioner Shin Chih-chung cited equity ties, board overlap and past cooperation with Uber, which owns 13.1% of Grab.