logo
About Contact

Taiwan Regulatory Authority Blocks Grab's $600 Million Acquisition of Foodpanda Over Competition Issues

Technology News

Taiwan Regulatory Authority Blocks Grab's $600 Million Acquisition of Foodpanda Over Competition Issues

Taiwan blocks Grab’s $600 million Foodpanda deal, citing Uber’s 13.1% stake in the Southeast Asian super app

Fortune

Taiwan blocks Grab’s $600 million Foodpanda deal, citing Uber’s 13.1% stake in the Southeast Asian super app

The decision, for now, ends Grab's first attempt to expand outside Southeast Asia.

Taiwan regulator blocks Grab's purchase of Foodpanda delivery business in country

Economic Times

Taiwan regulator blocks Grab's purchase of Foodpanda delivery business in country

Grab, Southeast Asia's biggest ride-hailing and delivery firm, said in March it would pay $600 million in cash for the Foodpanda delivery business in Taiwan, in its first expansion outside the region.

Taiwan blocks Grab’s $600m Foodpanda deal

Tech in Asia

Taiwan blocks Grab’s $600m Foodpanda deal

The acquisition would have been Grab's first expansion outside Southeast Asia.

Taiwan's FTC blocks Grab's Foodpanda acquisition over competition concerns

DIGITIMES

Taiwan's FTC blocks Grab's Foodpanda acquisition over competition concerns

Grab Holdings' proposed acquisition of Delivery Hero's Foodpanda operations in Taiwan has been rejected by Taiwan's Fair Trade Commission (FTC). The commission made the announcement on October 21,...

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.