Which Southeast Asian markets were part of the FoodPanda sale talks?

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Southeast Asian Markets Involved in FoodPanda Sale Talks

The discussions regarding the potential sale of FoodPanda involved operations across several Southeast Asian countries, specifically Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar, and Laos. Delivery Hero SE, the parent company, has decided to terminate these negotiations as alignment on fundamental sale terms could not be reached with the prospective buyer.
Termination of Sale Negotiations

Delivery Hero has officially withdrawn from negotiations to sell its FoodPanda business in multiple Southeast Asian markets. The company stated that the decision to end these talks was due to a lack of agreement on the core terms of the sale.
Scope of Market Discussions

The negotiations specifically encompassed FoodPanda's presence in Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar, and Laos. These discussions had been ongoing for several months, with initial reports suggesting Grab as a potential interested party.
Continued Operations and Future Possibilities

Despite the termination of these specific sale talks, FoodPanda's operations in Malaysia will continue as usual. Delivery Hero has indicated that it remains open to future Merger and Acquisition (M&A) offers and will continue to evaluate other strategic alternatives for its business.

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Which Southeast Asian markets were part of the FoodPanda sale talks?

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