China’s Meituan explores deal for Delivery Hero’s Southeast Asia arm Foodpanda
China-based food delivery giant Meituan is said to be exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the company looks to diversify beyond its domestic market, Bloomberg reported on Friday, quoting people familiar with the matter. Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said, according to the report.