SOUTHEAST Asia’s biggest ride-hailing and delivery firm, Grab, said on Monday it would pay $600 million in cash for Delivery ...

Delivery Hero shares climbed on Monday after the Berlin-based food delivery giant announced a $600 million cash deal to sell ...

SINGAPORE] Grab is acquiring foodpanda’s Taiwan business for US$600 million in cash, said foodpanda parent company Delivery ...

Grab chief executive Anthony Tan said the acquisition would mark the company’s expansion into Taiwan, its ninth market and first outside Southeast Asia.

The US$600 million acquisition of foodpanda Taiwan will mark Grab's first expansion outside of Southeast Asia.

Grab Holdings is set to enter Taiwan for the first time through the acquisition of Delivery Hero’s foodpanda delivery business in the market, marking a major milestone in its regional expansion ...

Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million ($769.61 million), a deal that marks its first foray outside of its Southeast Asian base. The cash ...

Delivery Hero sells its Taiwan food delivery business to Grab Holdings for $600 million, with proceeds used to repay debt, boosting its financial position.

In full-year 2025, Delivery Hero’s Taiwan food delivery operations generated gross merchandise value (GMV) of €1.5bn ($1.75bn).