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Grab Expands into Taiwan with US$600 Million Acquisition of foodpanda
Fintech Hong Kong· 2026-03-23 08:27
Free Newsletter Get the hottest Fintech Hong Kong News once a month in your Inbox Grab has agreed to acquire the Taiwan delivery business of Delivery Hero SE’s foodpanda for US$600 million in cash, on a cash-free and debt-free basis.The transaction is subject to regulatory approvals and customary conditions, with completion expected in the second half of 2026.Anthony Tan, Group CEO and Co-founder of Grab, said the deal would mark the company’s entry into Taiwan, its ninth market and first outside Southe ...