Taiwan has blocked Uber’s $950 million acquisition of Foodpanda, citing significant anti-competition concerns. Regulators argue the deal could undermine market fairness, reducing consumer choices in the rapidly growing food delivery sector.
Neutronpay, a Southeast Asian Bitcoin Lightning Network provider, has secured $1.5 million in seed funding to expand its reach in the region. The funding round was led by IOSG Ventures, with participation from HashKey, SNZ, Old Fashion Research, and AlphaLab Capital. The proceeds will be used to enhance Neutronpay’s technology infrastructure, expand its team, and onboard new merchants and users across Southeast Asia. Neutronpay aims to accelerate Bitcoin adoption and facilitate faster, cheaper, and more convenient cross-border payments.