grab

Grab reportedly in talks to grab Foodpanda's business in Asia

Delivery Hero, the Berlin-based parent company of Foodpanda, has confirmed ongoing discussions about a partial sale of its Asian operations. Singapore's tech giant, Grab, is reportedly the front-runner in this potential acquisition. While the exact value of the deal remains undisclosed, market insiders speculate that the transaction could exceed 1 billion euros for the Foodpanda brand across several Southeast Asian nations.

Uber exits SE Asia in new retreat from global markets

Uber sells its Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemoths and marking the US firm's latest retreat from international markets.

Draft law with 7yr jail for railway land grab okayed

The government has endorsed a draft law that will hand a maximum of seven-year imprisonment to occupants and grabbers of railway land.

September 26, 2023
September 26, 2023

Grab reportedly in talks to grab Foodpanda's business in Asia

Delivery Hero, the Berlin-based parent company of Foodpanda, has confirmed ongoing discussions about a partial sale of its Asian operations. Singapore's tech giant, Grab, is reportedly the front-runner in this potential acquisition. While the exact value of the deal remains undisclosed, market insiders speculate that the transaction could exceed 1 billion euros for the Foodpanda brand across several Southeast Asian nations.

March 26, 2018
March 26, 2018

Uber exits SE Asia in new retreat from global markets

Uber sells its Southeast Asian business to rival Grab, ending a bruising battle between the ride-hailing behemoths and marking the US firm's latest retreat from international markets.

May 2, 2016
May 2, 2016

Draft law with 7yr jail for railway land grab okayed

The government has endorsed a draft law that will hand a maximum of seven-year imprisonment to occupants and grabbers of railway land.

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