Grab To Buy Foodpanda Taiwan From Delivery Hero For $600 Million
Grab acquires Foodpanda Taiwan from Delivery Hero for $600 million, marking its first expansion outside Southeast Asia into a high-demand market.
Matilda
Grab To Buy Foodpanda Taiwan From Delivery Hero For $600 Million
Grab Buys Foodpanda Taiwan for $600M — And It Changes Everything About Asian Food Delivery Grab is making its boldest move yet. The Singapore-based super-app has agreed to acquire Foodpanda's Taiwan operations from Delivery Hero for $600 million in cash — a deal that marks the company's first step beyond Southeast Asia and reshapes the food delivery landscape across the region. If you have been following the food delivery wars in Asia, this is the story you need to read right now. What Is the Grab Foodpanda Taiwan Deal? Announced on Monday, March 23, 2026, Grab confirmed it will purchase Delivery Hero's Foodpanda business in Taiwan for $600 million. The deal is still pending regulatory approval and is expected to close in the second half of 2026. Once finalized, Grab plans to complete the full transition of users, merchants, and driver-partners onto its platform by early 2027. This is not just a financial transaction. It is a strategic declaration that Grab is no longer content…