Singapore, March 23, 2026 (AFP) - Singapore's Grab to buy foodpanda's Taiwan operation for $600 million

NAMPA / AFP
2026-03-23
Singapore-based Grab Holdings said Monday it will buy foodpanda's business in Taiwan from German parent company Delivery Hero for $600 million in cash, marking its first expansion outside Southeast Asia. Grab is Southeast Asia biggest ride-hailing platform, whose other core businesses include food, grocery and parcel deliveries and digital financial services. "This acquisition will mark Grab's expansion into Taiwan, our ninth market and first out......
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