Grab To Acquire Foodpanda Taiwan For $600 Million In Cash

Reuters
2026.03.23 07:27
March 23 (Reuters) - Grab Holdings Ltd (GRAB.O) : * TO ACQUIRE FOODPANDA TAIWAN FOR $600 MILLION IN CASH * REITERATES 2026 ADJUSTED EBITDA GUIDANCE OF $700-$720 MILLION * EXPECTS DEAL TO BOOST 2026 GROUP REVENUE GUIDANCE OF $4.04-$4.10 BILLION