FTC approves Uni-President-Yahoo e-commerce joint venture deal
Taipei, July 17 (CNA) The Fair Trade Commission (FTC) has approved a strategic partnership between Taiwan-based food conglomerate Uni-President Group and Hong Kong’s Yahoo! Taiwan Holdings Ltd., under which Uni-President will take an 80 percent stake in Yahoo’s e-commerce business in Taiwan, the food conglomerate said in a statement Wednesday.