Jinwu Financial News | A report quoted people familiar with the matter as saying that Meituan (03690) is considering acquiring Delivery Hero's Southeast Asia business. A Meituan spokesperson declined to comment on this.
According to reports, Germany's Delivery Hero confirmed in September that it is in talks to sell some of its shares in Foodpanda, which operates a takeout platform business in Southeast Asia. Currently, foodpanda's business covers Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos.