Grab seeks approval for US$600 million Foodpanda dealStaff writer, with CNASingapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. A smartphone displays Grab Holdings Ltd’s logo in front of a Foodpanda delivery bag in an illustration photograph taken in Taipei on Monday last week. Uber's board representative has recused themselves from decisions related to Taiwan, Grab said.

Source: Taipei Times March 31, 2026 03:35 UTC