Tag: foodpanda

  • Meituan not buying Foodpanda after all

    Meituan not buying Foodpanda after all

    Reported by Business Times, Meituan’s recent announcement of not pursuing the acquisition of foodpanda has come as a significant relief for Grab. This decision by the Chinese food delivery giant has lifted a major concern for Grab’s stock prices. Rumors had circulated that Meituan, a leader in China’s food delivery sector, might acquire foodpanda. These…