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Grab to Buy Delivery Hero's Taiwan Food Delivery Operations for $600 Million
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Grab to Buy Delivery Hero's Taiwan Food Delivery Operations for $600 Million
Mar 23, 2026 3:21 AM

05:59 AM EDT, 03/23/2026 (MT Newswires) -- Grab (GRAB) has agreed to acquire Delivery Hero's Taiwan food delivery operations for $600 million in cash, Delivery Hero said Monday.

The company said it plans to use the proceeds from the deal, which is expected to close in H2 2026, to repay debt and support general corporate purposes.

Grab shares were down 1.1% in premarket activity.

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