Story perspectives

Delivery Hero Sells Taiwan Operations to Grab for $600M

3/23/2026

Summary

Story summary

Delivery Hero SE will sell Taiwan food delivery operations to Grab Holdings Limited for $600 million, subject to regulatory approvals.
The deal is expected to close in the second half of 2026, with proceeds to repay debt and strengthen capital structure.
Grab will integrate the foodpanda platform into operations, marking entry into Taiwan as the ninth market.
The Taiwan business generated approximately $1.8 billion in gross merchandise value in 2025.

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Story summary

Delivery Hero SE will sell Taiwan food delivery operations to Grab Holdings Limited for $600 million, subject to regulatory approvals.
The deal is expected to close in the second half of 2026, with proceeds to repay debt and strengthen capital structure.
Grab will integrate the foodpanda platform into operations, marking entry into Taiwan as the ninth market.
The Taiwan business generated approximately $1.8 billion in gross merchandise value in 2025.