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Foodpanda India has rubbished reports it will close down, parent Rocket Internet saying the market is one of its fastest growing internationally. “We are extremely happy with the development of our business in India,” Saurabh Kochhar, CEO, Foodpanda India…
Foodpanda India appears likely to be shut down after parent Rocket Internet failed to find a buyer at a bargain basement price. It’s the latest chapter for the increasingly troubled Asian operations of Foodpanda which last monthgave up in Vietnam after…
Foodpanda Hong Kong has partnered with OpenRice Hong Kong, the city’s most comprehensive platform for sharing dining experiences through reviews and ratings. This cross-platform collaboration will allow Hong Kongers to order directly from Foodpanda’s…
Just two months after its launch, Foodora, the upmarket sister site of Foodpanda Hong Kong has been axed. Inside Retail Hong Kong broke news of Foodora’s launch in late September and the company officially unveiled the concept in early October, saying it had…
Days after announcing it was shutting down, Rocket Internet’s Foodpanda Vietnam has been bought by local rival Vietnammm. Vietnammm, the original online food delivery service in the commercial hub of Ho Chi Minh City, has paid an undisclosed amount to acquire…
Foodpanda – relentlessly marching its way across Southeast Asia, gobbling up rival food delivery businesses and creating monopolies – has shocked the online community by closing its Vietnam business. According to a report in online business news website Deal…
foodpanda is promising to drastically reduce delivery time in Singapore to 30 minutes. This, it said, will be achieved by its own fleet of over 500 couriers, along with advanced delivery technology. “foodpanda’s service is all about delivering the most…
Foodora Hong Kong – the expensive little sister of Foodpanda – claims it already has 100 restaurants and cafes on its books as it formally launches its service. Foodora – whose imminent launch was reported by Inside Retail Hong Kong on September 29 – has…
Foodora – an upmarket little sister of mass market food delivery monopoly Foodpanda – is destined for Singapore. Foodora Singapore is best described as an “upscale Foodpanda”, a high-end food delivery service targeting cashed-up Millennials who want a higher…
Foodpanda, Malaysia’s monopoly food delivery business, has relaunched its operations in Johor Bahru, in the nation’s south. Foodpanda Malaysia says it is “already a household name” in other major Malaysian cities – Kuala Lumpur, Ipoh, Melaka and Penang. “We…
Fast-expanding German startup Rocket Internet is promising its new joint venture spinoff will launch one new company per quarter in Asia. Rocket has partnered with Qatari telco Ooreedo to launch an Asia-Pacific spinoff venture APACIG to launch new companies.…
Foodpanda, the global mobile food delivery marketplace has appointed new executives to lead the company’s Malaysian subsidiary. Joon Chan and Uffe Jordan have been appointed MDs of Foodpanda Malaysia. Chan is described as “a seasoned entrepreneur and…
Online food delivery service Foodpanda has given Korean QSR BBQ Chicken Vietnam a major marketing boost. While BBQ Chicken is “better known than KFC, Jollibee or Subway” in Vietnam’s capital city Hanoi, down south it still has some work to do on its brand…
One of the world’s best-known merchant bankers has taken a strategic stake in fast-growing food delivery service Foodpanda. Just 50 days after securing $110 million cash injection from its parent and other new investors, the Rocket Internet subsidiary says…
Foodpanda Malaysia is now the largest food delivery service in the country after the US$110 million funding and acquisition of rival Food Runner Group. Sidney Ng, country manager of foodpanda Malaysia said the funding from investors underlined the confidence…
Online food delivery service Foodpanda.com has gobbled up six rival services across Asia. The Rocket Internet subsidiary recently secured US$60 million in a capital funding round and his wasted little time investing in rivals to boost its market share. The…
