Grab to enter Taiwan food delivery in first expansion beyond ASEAN
Technology
Singaporean company to acquire Foodpanda’s local business for $600m
A Grab courier rides down a Bangkok street: The Singapore-based company is the biggest food delivery operator in Southeast Asia. (Photo by Yuki Kohara)
TOKYO — Southeast Asia’s ride-hailing and delivery giant Grab will buy rival Foodpanda’s delivery business in Taiwan for $600 million, marking its first expansion beyond the region.
