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foodpanda: Delivery Hero: Talks ongoing on potential foodpanda sale in Southeast Asia

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Delivery Hero said on Friday that talks for the potential sale of the company’s foodpanda business in selected markets in Southeast Asia were ongoing.

If an agreement is reached and signed, the transaction is expected to be subject to certain conditions, including obtaining necessary regulatory approvals in relevant jurisdictions, the company said.

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The statement came after the New Straits Times reported on Friday that talks with Grab on a foodpanda sale had collapsed.

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Delivery Hero said on Friday that talks for the potential sale of the company’s foodpanda business in selected markets in Southeast Asia were ongoing.

If an agreement is reached and signed, the transaction is expected to be subject to certain conditions, including obtaining necessary regulatory approvals in relevant jurisdictions, the company said.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Indian School of Business ISB Product Management Visit
MIT MIT Technology Leadership and Innovation Visit
Indian School of Business ISB Professional Certificate in Product Management Visit

The statement came after the New Straits Times reported on Friday that talks with Grab on a foodpanda sale had collapsed.

Discover the stories of your interest

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