Grab will acquire Delivery Hero’s Foodpanda Taiwan business for $600 million, marking an expansion beyond Southeast Asia and a strategic push into Taiwan. The deal strengthens Grab’s market position and sets up a closer competitive challenge to Uber Eats in a tightly contested local food-delivery market.
Grab will acquire Delivery Hero’s Foodpanda Taiwan business for $600 million, marking an expansion beyond Southeast Asia and a strategic push into Taiwan. The deal strengthens Grab’s market position and sets up a closer competitive challenge to Uber Eats in a tightly contested local food-delivery market.
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