Grab's stock experienced a dip on March 25 after the company announced a $400 million share buyback program and a $600 million acquisition of Foodpanda.

Grab has announced the acquisition of Foodpanda's operations in Taiwan in a deal valued at $600 million, expanding its presence in the region.

At the height of the Covid-19 pandemic, sales director Sabir Ansari relied on Deliveroo almost daily for burgers and pasta delivered to his door in Singapore. Over time, the 31-year-old said, it became harder to justify the service’s costs as rival platforms like Grab and Foodpanda offered more food options and aggressive promotions that made “delivery fees way cheaper”. “It was a no-brainer,” he said. For Deliveroo, that kind of calculation among consumers became increasingly consequential. ...

Grab Holdings Limited is set to acquire Delivery Hero’s Foodpanda delivery business in Taiwan, expanding its market presence.

Southeast Asian superapp Grab has announced an agreement to acquire Foodpanda Taiwan from German food delivery firm Delivery Hero for $600 million, marking a significant expansion in the Taiwanese market.

Grab has finalized a $600 million deal to acquire Foodpanda's business operations in Taiwan, expanding its presence in the food delivery market.

Foodpanda launches iftar bazar 2026  The Daily Star

Analysts are praising Grab's agreement to acquire Foodpanda's Taiwan business, which will facilitate Grab's entry into the Taiwanese market.

Grab is set to enter the Taiwanese market through a $600 million all-cash deal to acquire Delivery Hero’s foodpanda business.

foodpanda supported physically challenged rider Solayman with an e-bike at its 'Panda Rider Grand Iftar 2026' event, promoting inclusivity and empowerment.