Delivery Hero Sells Taiwan Business to Grab for $600 Million
ByAinvest
Tuesday, Mar 24, 2026 2:11 pm ET1min read
GRAB--
Delivery Hero, a German food-delivery company, is selling its Taiwan business, Foodpanda, to Grab Holdings for $600 million in cash. This move aims to slim down Delivery Hero's portfolio and bolster its balance sheet.
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