Acquisition ChallengesUber would be pulling out of the acquisition of the Foodpanda business in Taiwan, and will be required to pay a termination fee, which Delivery Hero estimates could be as much as $250mn.
Autonomous Vehicles ConcernsThere still is a bear case to disprove and a persistent overhang on the multiple from the Autonomous Vehicles (“AV”) debate.
Market Impact Of TerminationsUber will be required to pay a termination fee, which Delivery Hero estimates could be as much as $250mn.