--- title: "Delivery Hero sells Taiwan branch for $600 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/280114209.md" description: "Delivery Hero has sold its Taiwan food delivery business to Grab Holdings for $600 million. The German company plans to use the proceeds to repay its debt, as stated in their announcement." datetime: "2026-03-23T06:53:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280114209.md) - [en](https://longbridge.com/en/news/280114209.md) - [zh-HK](https://longbridge.com/zh-HK/news/280114209.md) --- # Delivery Hero sells Taiwan branch for $600 million March 23 (Reuters) - Delivery Hero has sold its food delivery business in Taiwan to Grab Holdings ( GRAB ) for $600 million, the German online takeaway food company said on Monday. Delivery Hero will use the proceeds from the deal to repay its debt, it said in a statement. (Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak) ### Related Stocks - [DHER.DE](https://longbridge.com/en/quote/DHER.DE.md) - [GRAB.US](https://longbridge.com/en/quote/GRAB.US.md) - [GRAG.US](https://longbridge.com/en/quote/GRAG.US.md) ## Related News & Research - [Grab Holdings To Consolidate Superbank After Stake Transfer To GXS Bank](https://longbridge.com/en/news/287069800.md) - [DNB Asset Management AS Increases Position in Grab Holdings Limited $GRAB](https://longbridge.com/en/news/286732829.md) - [Research Alert: CFRA Maintains Buy Opinion On Shares Of Grab Holdings Limited](https://longbridge.com/en/news/285966446.md) - [Key facts: Uber Tops Delivery Hero Shareholders; Woowa Priced €4.59B](https://longbridge.com/en/news/286857128.md) - [Grab (NASDAQ:GRAB) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS](https://longbridge.com/en/news/285132105.md)