Uber Gains Taiwan Regulatory Approval for Crown Taxi Acquisition
Uber shares edged higher after Taiwan’s Fair Trade Commission approved its acquisition of Crown Taxi, a local operator deeply embedded in the island’s urban transport network. The regulator concluded the deal poses minimal risk to fare competition or market entry barriers—a tacit endorsement of Uber’s asset-light expansion strategy.
The acquisition formalizes a long-standing partnership, with Crown Taxi drivers already integrated into Uber’s platform. Taiwan’s extended EV subsidies could amplify the deal’s impact by accelerating fleet electrification, though immediate market disruption appears limited.
Investors interpreted the regulatory green light as validation of Uber’s asset-light growth model in Asia. The stock’s muted reaction suggests expectations were already priced in, but the decision removes a key uncertainty for operations in a strategically important market.
