Grab Holdings said on March 23, 2026, it will acquire Delivery Hero’s foodpanda delivery business in Taiwan for $600 million, expanding its food and grocery delivery operations into Taiwan.
The deal is expected to close in the second half of 2026, subject to regulatory approvals. The acquisition will give Grab a presence in 21 cities across Taiwan and marks its first expansion outside Southeast Asia.
What is the Grab foodpanda Taiwan acquisition?
The Grab foodpanda Taiwan acquisition is a $600 million deal in which Grab will take over Delivery Hero’s food and grocery delivery platform operations in Taiwan, including users, merchants and delivery partners.
At a glance
- Grab will acquire foodpanda Taiwan for $600 million
- Deal announced March 23, 2026
- Closing expected second half of 2026
- Business generated about $1.8 billion GMV in 2025
- Platform migration planned by early 2027
- Grab will introduce AI delivery and merchant tools
The foodpanda Taiwan business generated approximately $1.8 billion in gross merchandise value in 2025 and is profitable on an adjusted EBITDA basis. Grab expects the transaction to contribute at least $60 million in incremental adjusted EBITDA by 2028.
Grab plans to migrate users, merchant partners and delivery partners from the foodpanda platform to the Grab app, with full platform migration targeted for early 2027. Delivery Hero will continue operating the Taiwan business until the transaction closes.
Grab said it will introduce AI-enabled tools including delivery routing, mapping, merchant analytics and marketing tools to support restaurants, retailers and grocery partners in Taiwan.
Why it matters
The Grab foodpanda Taiwan acquisition reflects consolidation in the online food and grocery delivery market. Delivery platforms are increasingly becoming part of retail infrastructure, connecting supermarkets, restaurants and FMCG brands with consumers through last-mile delivery networks.
The transaction is expected to close in the second half of 2026 following regulatory approval, with platform integration and migration continuing into 2027.
Editor’s Note: This article is based on an official company announcement released on March 23, 2026, by Grab Holdings and Delivery Hero regarding the proposed acquisition of foodpanda’s delivery business in Taiwan. The transaction remains subject to regulatory approval and customary closing conditions, with completion expected in the second half of 2026.
