Uber Technologies has accomplished the acquisition of foodpand Hero in Taiwan, a German technology company he said on Tuesday.

The commercial appears about three months later Taiwan antitrust regulator he blocked the contract, citing Competitive problems. The Honest Trade Commission (FTC) said that if Uber purchased a foodpand, its market share in Taiwan will increase to 90%, potentially resulting in Uber’s price increase.

Uber eats and foodpanda are The best players On the food supply market in Taiwan. In the last report was found This foodpand enjoyed a 52% market share from January 2022 to August 2023, while Uber Eats had 48%. Food supply corporations, reminiscent of foodomo and lots of other applications for providing fast food, constitute a small percentage of Taiwan market share.

Pursuant to the contract signed on May 14, 2024, Uber is obliged to pay a termination fee, which is estimated at around USD 250 million.

Uber and the delivery hero didn’t immediately reply to the technical request for comment.

When Uber announced He would buy Taiwan Division Foodpand from the delivery hero, he expected to finish the contract in the first half of 2025. Transferring in accordance with Uber Eatsa’s plan in Asia, especially by strengthening its presence in Taiwan. Both corporations also got involved in a separate agreement wherein Uber agreed to purchase $ 300 million of newly broadcast unusual shares from the hero of delivery.

The contract also emphasized the further withdrawal of the hero of delivery from the same market. At that point, the delivery hero tried to sell a package of other Southeast Asia operations – including in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand – an undisclosed third side. In September 2023 ended these discussionsAn announcement in a press release that “the decision to solve negotiations after months of discussion was made after thoroughly considered.”

The hero’s food supply division compete with hornbeams in Southeast Asia.

In September, his foodpanda unit released the exemption geared toward improving operations before potential sales. The cuts previously occurred with dismissals from staff in 2022 and 2023.

Dustin Moskovitz retires with Asana, a software company, which he founded in 2008.

Asana, task management platform, He announced his pension as part of a report on earnings within the fourth quarter of the corporateCNBC reported. Moskovitz informed the plaque that he intends to maneuver to the role of a chair when the brand new general director begins.

The company has collected over $ 450 million in financing the undertaking, with akin to G Squared, Founders Fund and 8VC, amongst others, before it took the audience in 2020. Before Asana, Moskovitz was a co -founder of Meta, before Facebook.

TechCrunch contacted Asana to get more information and update this post once we retreat.

CreatorThe startup, which uses artificial intelligence to automate the creation of digital ads, has brought a brand new CEO: I’m.

We had previously been COO and CMO at the start-editor of Picsart, and earlier the general director of the Viki streamer. Techcrunch said via e -mail that Creatoropy is searching for an American director who knows how to scale early stage startups, cooperated with European founders (the product was first developed in Romania) and understands marketing technology.

“Fortunately, I will adjust this bill,” she said.

He also joins us to the Creatopy board, and the previous CEO of Startup, Dan Oros, entered the advisory role.

The startup announced a series A $ 10 million and under the leadership of European VCS 3VC and Point Nine last 12 months. In an announcement, Partner 3VC Eva Arh described us as “one of the best operators I know.”

From February 2024 to February 2025, the company claims that revenues from the market and enterprise increased by 400%, with a big a part of this growth over the past six months. Customers are Astrazeneca, Nascar and The Economist.

“What is unusual in creatoropes – especially for a relatively unknown company – is our ability to acquire major business clients in demanding industries, such as pharmacists and banking,” he told us.

She added that customers love this product “our intuitive interface, unique product capabilities and excellent customer service.” In fact, she suggested that because large language models develop into “ubiquitous”, the Creator is differentiated on the basis of “the ability to understand the needs of customers and satisfying-it can be ironically-quality value in addition to artificial intelligence.”

He also described the brand’s security as “the highest priority”, and marketing managers sent brand sets during the account configuration, and these sets be sure that each commercial generated by AI is consistent with their brand’s guidelines.

“Our artificial intelligence does not replace strategic thinking; It strengthens – she said. “Some of our clients have reported 10x or more efficiency, because we eliminate tedious, manual work consisting in generating a whole lot of AD varieties in sizes, formats, languages, etc.”