◉ HEADLINES

Delivery Hero

Uber to acquire Foodpanda Taiwan for US$950 mil in cash

Once closed, this deal would be one of the largest international acquisitions in Taiwan outside of semiconductor industry

Business as usual: Foodpanda M’sia optimistic for 2024 despite buyout deal fallout

Interim chief executive officer Pichaya Thongthua affirmed that it is "business as usual” for the company, emphasising unity and direction following extensive engagements with its stakeholders. 

Delivery Hero terminates talks on selling Foodpanda

Foodpanda parent company Delivery Hero SE has confirmed ending talks on the sale of the business in selected Southeast Asian markets.

Report on collapsed Foodpanda deal ‘false’, Delivery Hero confirms talks ongoing

Negotiations of the potential sale of Foodpanda’s Southeast Asia business are ongoing, said parent company Delivery Hero SE amid speculations that the deal fell through.

Foodpanda’s future in Southeast Asia uncertain amid lay-offs

Embattled food delivery platform Foodpanda has been conducting a series of lay-offs in its markets in Southeast Asia after 11 years in the business, jeopardising the future of its employees and riders going into the new year.

◉ Popular

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders