Key facts
- Grab's CFO said the company will invest more in artificial intelligence and driver and merchant support.
- The CFO said no other deals were on the horizon outside Southeast Asia.
- Grab's ride-hailing revenue grew 10% year on year in the July-September quarter of 2026.
Grab Holdings is looking to invest more in artificial intelligence and in support for its drivers and merchant partners, its chief financial officer said, after the company failed to acquire rival Foodpanda's Taiwan business. The comments were reported by Nikkei Asia on November 3, 2026.
The CFO said no other deals were on the horizon outside Southeast Asia. The company's ride-hailing revenue grew 10% year on year in the July-September quarter of 2026, according to the report.
Grab's planned investment follows the collapse of its roughly $600 million purchase of Foodpanda's Taiwan delivery operations, which Taiwan's Fair Trade Commission blocked in October on antitrust concerns.