foodpanda

Aspex demands Delivery Hero CEO exit and audit over 1.5 billion euro legal risk

Shares in the food delivery company have fallen almost 30% in Frankfurt trading this year

Grab is targeting to complete the migration of users, merchants and drivers to its app by early 2027.

Grab to buy foodpanda’s Taiwan business for US$600 million

The deal marks Grab’s entry into its first market outside South-east Asia

Quick commerce allows food delivery platforms to give riders more jobs outside the lunch and dinner rushes.

In S-E Asia, can quick commerce become a key growth driver for food delivery platforms?

This approach improves rider utilisation rates and could catalyse subscription services

Across the food delivery platforms, Grab remains the leader of the pack with gross merchandise value of US$12.5 billion in 2025.

Affordability a key focus as food delivery platforms continue to grow: Momentum Works

This has driven down average order value, but the net effect is faster gross merchandise value growth

Deliveroo has “nominated liquidators to manage closure of the Hong Kong business and the remainder of its assets in the most efficient way possible”.

UK's Deliveroo quits Hong Kong market

Deliveroo will close its operations by selling some assets to Singaporean firm foodpanda and by closing other assets

Grab continues to top food delivery GMV in the region with US$10.4 billion

Low-cost, tourist segments power South-east Asia food delivery growth in 2024: report

Consultancy Momentum Works notes in its analysis that after years of prioritising profitability, the region’s top food delivery platforms have regained momentum to fuel their next phase of growth

The acquisition would have been one of Taiwan’s largest outside the chip industry, marking a retreat for Delivery Hero from Asia.

Uber disappointed as Taiwan rejects deal for Delivery Hero unit

Uber Technologies said that it remained committed to Taiwan after the island’s antitrust regulator rejected its plan to buy Delivery Hero’s foodpanda business on the island for US$950 million.

Deliveroo's cloud kitchen at CT Hub 2. The delivery platform has since shut all of its cloud kitchens in Singapore, joining the likes of peers Grab and foodpanda.

Cloudy with a chance of closure: A failed recipe for Deliveroo, Grab and foodpanda

Food delivery platforms have ended their cloud kitchen business in Singapore, though some dedicated operators remain upbeat