Delivery Hero

Latest news and articles about Delivery Hero from NEX English

Grab purchases Foodpanda operations in Taiwan for $600 million

Grab Holdings Ltd. has signed an agreement to acquire Foodpanda, a subsidiary of Delivery Hero SE, in Taiwan for $600 million. This marks Grab's first entry into a market outside Southeast Asia.

Grab to Acquire Foodpanda in Taiwan for $600 Million

Reports indicate that Grab will acquire Foodpanda, a subsidiary of Delivery Hero, in Taiwan for up to <strong>$600 million</strong>. This move is part of Grab's strategy to expand into various markets and challenge competitors in the food delivery sector.