Fair Trade Commission blocks Grab’s acquisition of foodpanda

2026-10-21

Taiwan’s Fair Trade Commission has said NO to Grab’s acquisition of foodpanda’s business in Taiwan. The proposal was announced back in March, with Singapore-based delivery giant Grab set to buy foodpanda for nearly NT$20 billion. Ultimately the merger was blocked after a majority of commissioners determined that it would weaken competition in the industry. Let’s hear more.

Hsin Chih-chung
Fair Trade Commission
The merger would have seen Grab take over foodpanda’s delivery business in Taiwan. But Uber, the parent company of Uber Eats, holds a 13.1% stake in Grab, and the two companies have close business ties in other markets. After evaluating Grab’s proposal to acquire foodpanda, the majority of commissioners said it should be stopped.

Su Po-hao
Delivery Industry Rights Alliacne
We would like to thank the Fair Trade Commission for making the right decision. Foodpanda is the market leader in Taiwan. When has anyone ever seen the top company in any industry pull out of a market? If it actually does come down to that, we’ll ask the Commission to consider implementing the relevant measures.

Had the merger gone forward, Grab would have become Uber Eats’ main competitor. But the close ties between Uber Eats’ parent company, Uber and Grab, raised concerns that could impact fair competition. Regulators said both companies would have shared interests and neither would be motivated to lower prices. There could be a risk of coordination to maintain the status quo, which would also make it harder for new competitors to enter the market. During the review, Grab suggested several steps to minimize concerns, such as diluting Uber’s shareholding and placing limitations on board appointments. But the FTC says the measures would be difficult to implement, unless Uber completely divested its stake in Grab.

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#uber #foodpanda #ubereats #delivery #taiwan

外送世紀併購破局! 公平會決議禁止Grab收購foodpanda

2026-10-21

新加坡外送巨頭 Grab今年3月宣布，將以約新台幣近兩百億元現金，收購台灣foodpanda，公平會今天做出重大決議！經過委員會議審議表決，多數委員認為這項併購案將嚴重影響自由市場競爭，因此正式決議 "禁止結合"。

[[公平會發言人辛志中]]
“本案如果結合之後，Grab將取代Foodpanda進入台灣的市場，由於Uber Eats的母公司持有Grab 13.1%的股份，這兩家公司在其他市場上，也有密切的互動跟商業合作，針對外界所關注的Grab Limited公司，併購富胖達股份有限公司，多數委員認為本案結合應予禁止”

[[台灣外送產業權益協進聯盟發言人蘇柏豪]]
“感謝公平會今天做出最正確的裁決，基本上foodpanda在台灣，仍然是市占第一名的企業，你有看過市占第一名的企業，會直接退出市場嗎，真正發生退出市場的狀況之下，那我們也可以屆時再要求公平會，來做相關的強制措施”

公平會點出，本案若完成結合，Grab將成為Uber Eats在台灣市場的主要競爭對手。然而，「UberEats」的母公司「Uber」，與Grab卻有著密不可分的關係。公平會明確指出四大競爭疑慮：認為雙方在利害與共之下，根缺乏降價誘因，默契協調風險也大增，未來新競爭者更難加入市場，即便Grab 在審查期間，提出稀釋持股、限制董事兼任等承諾措施，但公平會評估後認為，除非 Uber 徹底出清持股，否則窒礙難行。

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