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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