Asset Acquisitions and Disposals::Grab to Acquire Delivery Hero s foodpanda Delivery Business in Taiwan

Issuer & Securities

Issuer/ Manager
GRAB HOLDINGS LIMITED
Securities
GRABHLDGS US$1.5BZ300615 - USG4124CAA74 - 52WB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
23-Mar-2026 15:21:35
Status
New
Announcement Sub Title
Grab to Acquire Delivery Hero s foodpanda Delivery Business in Taiwan
Announcement Reference
SG260323OTHRKV3F
Submitted By (Co./ Ind. Name)
Sandra Ng
Designation
Head of Securities and Governance, Legal
Effective Date and Time of the event
23/03/2026 15:20:00
Description (Please provide a detailed description of the event in the box below)
SINGAPORE and TAIPEI March 23, 2026 Grab Holdings Limited (NASDAQ: GRAB) ( Grab ), a leading super app in Southeast Asia, and Delivery Hero SE (FSE: DHER) ( Delivery Hero ) have reached an agreement for Grab to acquire Delivery Hero s foodpanda delivery business in Taiwan in cash for $600 million, on a cash-free and debt-free basis, subject to customary closing adjustments. Closing of the acquisition ( Closing ) is subject to regulatory approvals and customary closing conditions, and is expected to take place in the second half of 2026.

Attachments

Grab to Acquire Delivery Heros foodpanda Delivery Business in Taiwan.pdf
Total size =338K