Singapore-based Grab agrees to buy Delivery Hero's Foodpanda operations in Taiwan for $600M in cash, its first foray outside of its Southeast Asian home market (Bloomberg)

Bloomberg:
Singapore-based Grab agrees to buy Delivery Hero's Foodpanda operations in Taiwan for $600M in cash, its first foray outside of its Southeast Asian home market  —  Grab Holdings Ltd. agreed to buy Delivery Hero SE's Foodpanda operations in Taiwan for $600 million, a deal that marks its first foray outside of its Southeast Asian base.