The Business Times
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HOCK LOCK SIEW

Grab’s new acquisition in Taiwan could further delay a deal for Indonesia’s GoTo

All attention is likely on issues related to the recent purchase plans

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Benjamin Cher

Benjamin Cher

Published Thu, Apr 2, 2026 · 07:00 AM
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    • The acquisition of foodpanda Taiwan will increase Grab’s addressable food-delivery market by 20%.
    • The acquisition of foodpanda Taiwan will increase Grab’s addressable food-delivery market by 20%. PHOTO: YEN MENG JIIN, BT

    [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.

    Hock Lock SiewGrabfoodpandaGoTo GroupRide-hailing

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