[Sg] - FoodPanda going to become GrabPanda

[UltimaOnline]

Delivery Hero confirmed talks on a partial sale of its Asia business on Wednesday, adding that the deal’s value is still under negotiation.

The Wirtschaftswoche business magazine first reported the news earlier in the day, saying Singapore’s Grab could pay a little more than 1 billion euros (S$1.46 billion) for the unit.

The Berlin-based company plans to sell its activities under the Foodpanda brand in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand, it said in a statement.

https://www.straitstimes.com/busine...-foodpanda-with-grab-a-potential-buyer-report

 

[LaoHongBiscuit]

then grab has monopoly and screw consumers more

 

[cockie]

then grab has monopoly and screw consumers more

SG is fucked…. Temasek own a part of Grab, so is not just a single monopoly in term of company but a wider part of what Temasek own within SG.

 

[syed putra]

So my allowance double?