Uber Group CEO Dara Khosrowshahi exits Grab board

Grab continues work on its foodpanda Taiwan acquisition.

Uber Group CEO Dara Khosrowshahi has stepped down from Grab’s board of directors as the Singapore-based company works to complete its proposed acquisition of foodpanda’s Taiwan business.

Khosrowshahi ceased to serve on the board, effective 6 July, according to a bourse filing.

He first joined the board of Grab Holdings Inc. in 2018, following Uber’s sale of its Southeast Asia business to the company. He later joined the board when the company went public.

The board now comprises six directors, of whomst four are independent. Uber’s economic interest in Grab is unchanged by the transition.

The move follows Grab’s plans to acquire Delivery Hero SE’s foodpanda delivery business in Taiwan for $767.08m (US$600m) in cash.

The transaction is structured on a cash-free, debt-free basis, according to a statement in March.

The acquisition would mark the company’s ninth market and its first outside Southeast Asia. The group is expected to operate across 21 cities in Taiwan following the completion.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Specialty chemicals manufacturing facility on Jurong Island for sale

The fully equipped facility is clean and ready to be recommissioned.

Commercial Property

6 hours ago

September surge masks looming export slowdown to 6% in 2027

Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.

Economy

10 hours ago

Nearly half of workers report six or more unpaid hours a week, report says