Grab Acquires Delivery Hero’s Foodpanda Taiwan Business for $600 Million

March 28, 2026

Grab announced it will acquire Delivery Hero’s Taiwan delivery business, including its Foodpanda operations, for $600 million in cash. The deal is expected to close in the second half of 2026, subject to regulatory approvals, and will expand Grab into Taiwan (its ninth market).

Buyers
Grab Holdings
Targets
Delivery Hero's Taiwan delivery business (Foodpanda Taiwan)
Sellers
Delivery Hero
Industry
Transportation
Location
Taiwan
Transaction Type
Divestiture

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