Uber Eats

Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash 

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: the sale […]

Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash  Read More »

Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash

Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to capital needed to fund growth. The company, which spun out of Uber’s acquisition of Postmates in 2021, hits the Nasdaq

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