Antitrust approval could be biggest hurdle for Grab's potential acquisition of Foodpanda's business, analysts say

Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say

Momentum Works, a venture outfit, estimated Foodpanda’s Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in Singapore, Malaysia and the Philippines, and third in Thailand in 2022.