Delivery Hero denies claims of foodpanda sales talk collapse

Potential Buyers: Grab, the Southeast Asian superapp, is reportedly showing keen interest in purchasing Foodpanda. Other names like the Chinese Meituan have made the rounds, but they've officially stepped back from these claims.

Strategic Shifts: It's not simply a transfer of digital real estate. Delivery Hero seeks to hand over the reins of Foodpanda in seven key markets: Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar, and Laos.

Approval Required: Even if they manage to cross the T's on a sales agreement, there's a bureaucratic marathon to run—one involving the Delivery Hero’s Supervisory Board and regulatory approvals from the markets involved.