Taiwan regulator blocks Grab's purchase of Foodpanda delivery business in Taiwan

By Reuters News

- Taiwan's Fair Trade Commission said on Wednesday that it had blocked Grab's GRAB.O purchase of Delivery Hero's DHER.DE Foodpanda delivery business in Taiwan citing competition concerns. Grab is Southeast Asia's biggest ride-hailing and delivery firm.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk