In food delivery, a Singaporean everyday services 'superapp’ Grab acquired Foodpanda for $600M from Delivery Hero to strengthen its scale and regional presence across Southeast Asia.
In consumer classifieds, Korean internet leader Naver purchased Wallapop, a mobile C2C marketplace, for $704M as part of its broader expansion into international commerce platforms.
Grocery e-commerce platform provider Dingdong Fresh sold its China business for $717M to instant retail company Meituan, integrating Dingdong’s capabilities into its broader local services ecosystem.
In e-commerce, eBay acquired mobile-first resale marketplace Depop for $1.2B, expanding its second-hand fashion offering.
The food delivery unit of Turkish giant Getir was purchased by Uber for $335M, where it will be combined with the previously acquired delivery platform Trendyol Go.
In the UK, Reward, a digital loyalty and rewards program provider, was acquired by AI-powered e-commerce platform Rezolve.ai for $230M at 2.6x revenue, strengthening the buyer's consumer engagement proposition by integrating incentives and AI-driven activation.
Alia, a Massachusetts-based customer data and personalization specialist, was acquired by the UK-based marketing automation platform Dotdigital for $30M or 7.5 times revenue to deepen data-driven marketing capabilities and enhance cross-channel personalization for enterprise clients.
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