Grab Holdings Limited (GRAB) to Acquire Delivery Hero’s Foodpanda Delivery Business in Taiwan

1 week ago 4

Noor Ul Ain Rehman

Wed, March 25, 2026 astatine 9:52 AM CDT 2 min read

Grab Holdings Limited (NASDAQ:GRAB) is 1 of the champion beardown bargain stocks to put successful nether $20. Grab Holdings Limited (NASDAQ:GRAB) and Delivery Hero SE announced connected March 23 the signing of an statement for the erstwhile to get Delivery Hero’s foodpanda transportation concern successful Taiwan for a currency information of US$600 million. Management stated that the transaction is debt-free and cash-free, and volition beryllium taxable to customary closing adjustments, with the acquisition taxable to regulatory approvals and different customary closing conditions. It is anticipated to adjacent successful the 2nd fractional of 2026.

Is Grab Holdings Limited (GRAB) the Best Low Priced Stock to Invest successful For the Long Term?

Anthony Tan, CEO and co-founder of Grab Holdings Limited (NASDAQ:GRAB), stated that the acquisition marks the company’s authoritative introduction into the Taiwan market, which is its ninth operating marketplace and the archetypal extracurricular of Southeast Asia. He added that the determination marks a earthy adjacent measurement for the company, arsenic its acquisition successful Southeast Asia perfectly aligns with the Taiwanese market, which has an astir 23 cardinal colonisation with a beardown request for mobile-first services that are akin to the Southeast Asian consumers Grab Holdings Limited (NASDAQ:GRAB) serves daily.

Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers entree to its merchant and operator partners for nutrient delivery, thrust oregon taxi hailing, bundle delivery, outgo for online purchases, and services specified arsenic telemedicine, lending, and security done its application.

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