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A big change is coming to Taiwan’s food delivery platforms. Grab, a leading food delivery and ride-hailing app popular in Southeast Asia is set to purchase Delivery Hero’s foodpanda operations in Taiwan. The deal totals US$600 million, or about NT$19.2 billion. The deal is still pending regulatory approval, and is set to be complete in the second half of 2026. Despite the announcement, the Fair Trade Commission says it has yet to be notified of the acquisition proposal. Let’s hear from the commission.

Voice of Hsin Chih-chung
Fair Trade Commission
The Fair Trade Commission has not yet received an acquisition application regarding Grab and foodpanda. Once we do, we will review whether all the necessary documents have been provided, and only then will we accept the application and begin processing it. We have a review period of 30 working days during which the two companies cannot merge.

Food deliverer
Delivers for foodpanda
Foodpanda’s parent company has been facing some financial problems. Ever since it broke through its predicament, it’s been seeking other platforms to intervene. Us delivery riders are playing it by ear. Some say that Grab’s regulations are stricter than at foodpanda, so some riders are nervous about the change.

Back in 2024, Uber had attempted to buy foodpanda for some NT$30 billion, but the merger was rejected by the Fair Trade Commission due to concerns about competition. One year later in March, Uber announced it was giving up on the merger, and had to pay a NT$820 million termination fee. Foodpanda has been in business in Taiwan for 12 years, with 3 to 4 million users and 100,000 merchants, generating US$1.8 billion in gross merchandise value last year.

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#foodpanda #foodelivery #ubereats #uber

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