{"id":999240,"date":"2026-03-25T10:44:10","date_gmt":"2026-03-25T05:14:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=999240"},"modified":"2026-03-25T11:18:32","modified_gmt":"2026-03-25T05:48:32","slug":"grab-to-buy-delivery-heros-foodpanda-taiwan-business-for-600-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/25\/grab-to-buy-delivery-heros-foodpanda-taiwan-business-for-600-million\/","title":{"rendered":"Grab to buy Delivery Hero&#8217;s Foodpanda Taiwan business for $600 million"},"content":{"rendered":"<p>Southeast Asia&#8217;s biggest ride-hailing and delivery firm, Grab, said on Monday it would pay $600 million in cash for Delivery Hero&#8217;s Foodpanda delivery business in Taiwan, in its first expansion outside the region.<\/p>\n<p>The \u200cTaiwan purchase gives \u2060the \u2060Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expansion strategy \u200bbuilt around artificial intelligence, newer services and selective overseas deals.<\/p>\n<p>&#8220;This is a natural next step for \u200bGrab, as our experience in Southeast Asia is a direct fit for this market,&#8221; Anthony Tan, Grab&#8217;s group CEO and co-founder, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southeast Asia&#8217;s biggest ride-hailing and delivery firm, Grab, said on Monday it would pay $600 million in cash for Delivery Hero&#8217;s Foodpanda delivery business in Taiwan, in its first expansion outside the region. The \u200cTaiwan purchase gives \u2060the \u2060Singapore-based company a sizeable delivery foothold beyond Southeast Asia in its pursuit of a broader expansion strategy \u200bbuilt around artificial intelligence, newer services and selective overseas deals. &#8220;This is a natural next step for \u200bGrab, as our experience in Southeast Asia is a direct fit for this market,&#8221; Anthony Tan, Grab&#8217;s group CEO and co-founder, said in a statement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-999240","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/999240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=999240"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/999240\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=999240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=999240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=999240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}