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Foodpanda’s owner confirms negotiations regarding potential sale in selected Southeast Asian markets

Felicia Tan
Felicia Tan • 1 min read
Foodpanda’s owner confirms negotiations regarding potential sale in selected Southeast Asian markets
Grab, one of Foodpanda's competitors is Singapore, is considered to be interested in the sale. Photo: Bloomberg
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Delivery Hero, the owner of Foodpanda, has confirmed that it is in talks regarding a potential sale of the food delivery service to “selected markets” in Southeast Asia.

“Any discussions or plans are in their preliminary stages,” reads a statement from Foodpanda.

According to several media publications, the company is looking to sell the Foodpanda brand in Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos.

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