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NYSE:DIDI 29 March 2026

Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab Holdings’ $600 Million Foodpanda Taiwan Deal Faces Fresh Scrutiny Over Uber Stake

Grab said Uber’s voting rights are below 4% as Taiwan regulators review its $600 million bid for Foodpanda Taiwan. The deal would mark Grab’s first expansion outside Southeast Asia, with closing expected in late 2026 and full migration to the Grab app by early 2027. Taiwan’s Fair Trade Commission is focusing on “actual control” and potential market abuse. Foodpanda Taiwan handled $1.8 billion in orders in 2025.

Stock Market Today

  • 2 TSX Stocks Under $100 with Strong Upside Potential
    April 18, 2026, 9:56 PM EDT. CES Energy (TSX:CEU) and Bird Construction are two TSX-listed stocks priced below $100 that offer significant growth potential. CES Energy provides consumable chemical solutions to oil and gas producers, benefiting from rising service intensity and demand for advanced chemical treatments. Despite softer drilling activity, CES's revenue growth remains robust, supported by its asset-light model and strategic acquisitions. Macro trends like growing global energy demand and LNG infrastructure expansion further boost its outlook. Bird Construction, also trading under $100, stands out for its presence in the construction sector, which benefits from infrastructure spending and urban development. Both companies show disciplined capital allocation and resilient revenue drivers, making them attractive for investors seeking accessible entry points and potential capital appreciation on the TSX.

Latest article

Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

18 April 2026
Definium Therapeutics shares rose to $22.68 after Stifel and Piper Sandler initiated coverage with Buy ratings, citing late-stage trials of DT120, an LSD-based tablet for anxiety and depression. The company will host an investor day April 22 in New York to discuss upcoming Phase 3 data. DT120 is in four pivotal studies, with top-line results expected through 2026. Johnson & Johnson and Compass Pathways are advancing rival clinic-based psychiatric drugs.
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