Announcement: Uber Eats Acquires Foodpanda Business in Taiwan
Uber and Delivery Hero have announced a deal where Uber will acquire Foodpanda’s food delivery business in Taiwan, which is owned by Delivery Hero, for a whopping $950 million in...
Foodpanda’s Parent Company Denies Plans for Divestment in Southeast Asia’s Eastern Subregion
Delivery Hero, a German-based food delivery service provider, has recently released its quarterly financial report. One interesting point mentioned by CEO Niklas Ostberg is the company’s consideration of selling its...
Meituan, the Chinese food delivery app, pondering the acquisition of Foodpanda’s enterprise in Southeast Asia as a viable alternative to Grab.
According to Bloomberg, Meituan, a major food delivery app in China, has shown interest in acquiring the business operations of Delivery Hero’s Foodpanda brand in Southeast Asia. This comes after...
John Fang Appointed as the Novel CEO of Foodpanda: A Culinary Revelation
John Fang has been appointed as the new CEO of Foodpanda, effective since October 16th. Prior to this, he held the position of Head of International Business at Delivery Hero,...
Foodpanda Business Ventures Primed for Global Expansion, Including Thailand: Prospective Buyers Likely to Be Grab
Delivery Hero, a German company specializing in food delivery services, has confirmed plans to sell part of its business in Asia. The value of the deal is still under negotiation....