IJR News - today's news from every side

IJR News - today's news from every side

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Genius — OpenServe

Taiwan Blocks Grab’s $600 Million Foodpanda Deal — Oct 21, 2026In a 3-1-1 vote, Taiwan's Fair Trade Commission blocked Grab's $600 million Foodpanda deal, citing Uber ties including a 13.1% stake.

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Rachel Meyers Taiwan's fair trade commission did the right thing by stopping Grab from reducing competition in food delivery.

Grab Reports 27% Revenue Growth, Raises OutlookFinance — Nov 1, 2026Grab’s third-quarter revenue rose 27% year over year to $1.11 billion, while profit reached $18 million and adjusted EBITDA hit a record $237 million. The company raised its 2026 revenue outlook to $4.15 billion–$4.20 billion and its adjusted EBITDA forecast, citing stronger ride-hailing and delivery demand; Taiwan’s rejection of its foodpanda deal will result in a $60 million break fee.

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