Uber is set to acquire Delivery Hero's Foodpanda business in Taiwan for $950 million, potentially creating a monopoly in Taiwan's food delivery market. The deal has caused Delivery Hero shares to rally. The acquisition involves a $1.25 billion transaction, impacting the global food delivery sector.
DoorDash is INSANE + Founded in 2013 + With 120k in capital + Competing against giants like Uber and GrubHub 10 years later... + BIGGEST player in delivery + $50B public market cap My friend Andy runs growth marketing for them. He built the engine that scaled all three…
In 2013, four friends at Stanford started a food delivery company with a 120k investment. One of their competitors owned 70% of the market. The other had billions in funding. Ten years later, DoorDash owns the delivery market in America. This is their story 👇 Tony Zu,… https://t.co/KPhU7TnSgL
DoorDash is INSANE + Founded ~ 10 years ago + With 120k in capital + Competing against giants like Uber and GrubHub 10 years later... + America's BIGGEST player in delivery + $50B public market cap Andy Wells runs growth marketing for them. He built the engine that…
Uber is buying shares in Delivery Hero, German multi-national which owns brands like Glovo & Foodora. Uber & Delivery Hero are - or were - rivals. Beyond those 2, there's only 1 other global player in food delivery (DoorDash). The monopolisation of this sector continues apace. https://t.co/ySlxHka5SI
🇺🇸 Uber to buy Delivery Hero’s Foodpanda Taiwan business in $1.25bn deal https://t.co/ZweieDlyfS
Uber $UBER is set to acquire Foodpanda's Taiwan business from Delivery Hero for $950M, potentially creating a monopoly in Taiwan's food delivery market.
Delivery Hero shares rally on deal to sell Taiwan business to Uber https://t.co/pTOZshX25e
Uber To Acquire Delivery Hero’s Foodpanda Business In Taiwan For $950 Million https://t.co/1G7xb6AhaJ https://t.co/bmes5RdcSk