Grab is acquiring Delivery Hero's Foodpanda business in Taiwan for $600 million, marking its first major expansion outside Southeast Asia. The deal positions Grab to directly compete with Uber Eats in Taiwan's competitive food delivery market. This strategic move could reshape the regional competitive landscape.
Background
Grab is a Southeast Asian superapp known for ride-hailing and food delivery, while Delivery Hero is a global food delivery giant. Taiwan's food delivery market is highly competitive, with Uber Eats as a major player alongside Foodpanda.
- Source
- TechCrunch
- Published
- Mar 23, 2026 at 11:41 PM
- Score
- 5.0 / 10