Grab to Enter Taiwan in $600M All-Cash Deal for Delivery Hero’s foodpanda Business

Co-Founder and CEO Anthony Tan framed the acquisition as both a strategic and operational fit, citing Taiwan’s urban density, income levels, and consumer behavior. Tan said Taiwan becomes Grab’s ninth market and its first outside Southeast Asia , and emphasized cultural familiarity and connectivity between Taiwan and Southeast Asian communities.The transaction remains subject to customary closing conditions and applicable regulatory approvals. Grab expects closing in the second half of 2026 . The company al ...