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flag Uber cancels $950M Foodpanda Taiwan buy amid antitrust fears, pays $250M termination fee.

flag Uber has terminated its $950 million acquisition plan for Foodpanda's Taiwan business due to antitrust concerns from Taiwan's Fair Trade Commission, which feared it would control over 90% of the food delivery market. flag Uber will pay a $250 million termination fee and continue operating in Taiwan without appealing the decision. flag Foodpanda's parent company, Delivery Hero, remains committed to the market.

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