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Industry

South Korea FTC begins pre-merger review of Uber-Delivery Hero deal

South Korea\'s Fair Trade Commission has begun a pre-merger review of Uber Technologies\' planned acquisition of all shares in Germany\'s Delivery Hero. The regulator will examine whether service linkages such as memberships and advertising and promotions across taxi-hailing and delivery could affect market competition, as Uber would gain control of food delivery app Baedal Minjok. Uber plans to complete the tender offer subscription in November and close the share acquisition in the second half of 2027.

Mobility

Nvidia expands autonomous driving alliance as Hyundai, Nissan, Isuzu, BYD and Geely join

Nvidia has expanded the roster of partners using its autonomous driving development platform, adding Hyundai Motor, Nissan Motor, Isuzu and China automakers BYD and Geely, CNBC reported. The collaboration focuses on building systems based on the Nvidia Drive Hyperion platform to support Level 4 autonomous driving technology. CEO Jensen Huang said at the GTC conference that the sector has reached a \"ChatGPT moment\" and announced four new robotaxi platform partners.