Food Panda acquires competitors in 7 Asian markets – Expands leadership in India, Malaysia, Singapore, Philippines, Pakistan, Hong Kong, and Thailand

Berlin, February 06, 2015 (PPI-OT): Global online food delivery company food panda today announces that is has fully acquired key competitors in 7 countries and thereby consolidates its leading position across the South-East-Asian and Asian food delivery market. Globally, the company is active in 39 countries on five continents. Food panda acquired competitors in India, Malaysia, Singapore, Philippines, Pakistan, Hong Kong, and Thailand.

After acquiring Tasty Khana in November 2014, food panda also acquires the Indian business of JUST EAT, expanding food panda’s leadership in the biggest food delivery market in the world. JUST EAT India was launched as Hungry Bangalore in 2006, before JUST EAT plc acquired a significant share in the business in 2011.

Food panda has been present in the Indian market since 2012. Together with Tasty Khana and JUST EAT, food panda is now present in over 200 Indian cities and partners with over 12,000 restaurants in the 1.3 billion inhabitant country. Together with food panda and Tasty Khana, the existing JUST EAT-management team will aim for the best customer service when ordering food online in India. With this, food panda group now manages the vast majority of online food orders currently taking place in India.

In Malaysia, Philippines, and Singapore, food panda fully acquired Food Runner, which also has a franchise relationship in Indonesia. The food ordering business has been spun out of E-Commerce operator Deal Guru.

Singapore-based Food Runner was founded in 2012 with the support and investment from Berlin-based Rebate Networks GmbH and Singapore-based Digital Media Partners (DMP) and operates the brands Room Service in Malaysia and Singapore, as well as City Delivery in Philippines.

In all countries food panda already runs foodpanda.com.my, foodpanda.sg and foodpanda.ph, respectively. As a result of these acquisitions, food panda positions itself as clear market leader in another four key South East Asian markets, catering to its customers with over 1,200 partner restaurants in all major cities of Malaysia, Singapore, and Philippines.

In Pakistan, EatOye has been acquired. The company with over 1,000 partner restaurants in 15 cities offers table reservations as well as online food ordering. Eatoye will continue to operate under existing management and together with foodpanda.pk offer the most convenient way to order food in Pakistan.

Food panda Hong Kong will integrate 4 brands to cement itself as market leader in Hong Kong, by acquiring Koziness.com, previously branded iDelivery, which also operates the brands Dial-a-Dinner, SOHO Delivery, and Ring-a-Dinner, which have been delivering food since ten years.

After the acquisition, food panda will optimize traffic between all four brand names – to offer for the best user experience. All brands will continue running, giving customers the chance to order their favourite meal from over 500 restaurants.

In Thailand, food panda partners up with Food by Phone, which despite of its “phone”-like brand name has been fast growing in its online marketplace for food deliveries. Food by Phone has been a pioneer in the Thai food delivery service, working with the best restaurants in Bangkok since 1998. Its partner restaurants will also be available through foodpanda.co.th website and mobile application. Customers can choose from over 650 restaurants in three of Thailand’s biggest cities.

Ralf Wenzel, Co-Founder and CEO of food panda group: “With the recent acquisitions food panda becomes the market leader across South East Asia. The combined expertise and experience of several great local companies allow us to significantly improve our offering and service to our customers.”

Weeks after a series of acquisition in Europe, the food panda group now also gained a leading position in South East Asia, next to its other core markets in India, Russia, Brazil and Mexico.

For more information, contact:
Hana Khan
PR Manager
Food Panda Pakistan
(A global venture by Rocket Internet GmBH
6th Floor, Executive Towers,
Dolmen City, Clifton Block-4,
Karachi
Cell: 92-333-3801187
Tel: +9221-35297835-7
Email: info@foodpanda.pk

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