Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.
Delivery giant Grab said on Monday it will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million in cash, marking its first expansion beyond Southeast Asia. Grab noted that the deal is still pending regulatory approval and is anticipa… [1996 chars]
Source: TechCrunch | Published: 2026-03-23T15:41:40Z
Credit: TechCrunch
