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Mar 24 2026 Grab Expands into Taiwan with US$600 Million Acquisition of foodpanda
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…