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02 Apr 2026
Grab’s new acquisition in Taiwan could further delay a deal for Indonesia’s GoTo
[SINGAPORE] Grab’s surprise move to acquire foodpanda’s Taiwan business – while a game changer for the group – could lead to its on-off merger with Indonesia’s GoTo languishing further on the back burner.
The mobility, delivery and financial services platform announced on Mar 23 that it would splash out US$600 million to acquire foodpanda Taiwan.
Foodpanda in Taiwan is part of a duopoly with Uber Eats. In 2025, Uber terminated its US$950 million deal to acquire foodpanda Taiwan, after the island’s authorities blocked the deal over anti-trust concerns.