foodpanda raises USD 110 Million in new funding round

BANGKOK - March 12, 2015 - PRLog -- foodpanda (http://www.foodpanda.com/), the online food delivery marketplace active in 40 countries across five continents, today announces that it has secured another round of funding of USD 110 Million. The sum comes from Rocket Internet AG, as well as other existing and new investors.

Since its launch in 2012, the company has now raised more than USD 200 Million. After acquiring key competitors (http://www.foodpanda.com/press/) this year in India, Mexico, Russia, Brazil, Eastern Europe, Middle East and Asia, the company will now further invest into product and technology, and continue focusing on customer service and loyalty for becoming the most convenient and most user friendly way of ordering food delivery or take-away.

Ralf Wenzel, Co-Founder and CEO of the foodpanda group: “Over the last couple of months we have become the leading online food delivery marketplace across the most promising and fastest growing emerging markets. The new funding allows us to fully focus on user experience and customer service with the aim of completely disrupting the way people order food by establishing a real alternative to pizza flyers and phone calls. „

foodpanda offers the most convenient way to order food via the mobile app or online. For restaurants, the online marketplace helps to increase delivery sales through online and mobile platforms and provides them with constantly evolving technology and analytics. Globally, foodpanda partners with over 45.000 restaurants in 40 countries, being market leader in 32 of those countries.

About foodpanda
foodpanda group is the leading global online food delivery marketplace, active in 40 countries on five continents. The company enables restaurants to become visible in the online and mobile world and provides them with a constantly evolving online technology. For consumers, foodpanda offers the convenience to order food online and the widest gastronomic range, from which they can choose their favorite meal on the web or via the app. foodpanda operates in India, Thailand, Indonesia, Pakistan, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Bangladesh, Kazakhstan, Azerbaijan, Hong Kong, Philippines, Russia, Ukraine, Hungary, Romania, Bulgaria, Georgia and Serbia. hellofood operates in Brazil, Mexico, Saudi Arabia, Jordan, Egypt, Nigeria, Morocco, Kenya, Ghana, Senegal, Ivory Coast, Rwanda, Tanzania, Uganda and Algeria. Delivery Club operates in Russia. Tastykhana and JUST EAT in India, NetPincer in Hungary, Donesi in Serbia, Bosnia & Herzegovina and Montenegro, and Pauza in Croatia, Room Service in Malaysia and Singapore, City Delivery in Philippines, Food By Phone in Thailand, Koziness and Dial-a-Dinner in Hong Kong, Eatoye in Pakistan, and 24h in UAE.

http://www.foodpanda.com/