Foodpanda

India’s Swiggy bets big on cloud kitchens

Can cloud kitchens take off in India? Swiggy, one of the country’s largest food delivery startups, is betting on it. The Prosus Ventures-backed startup said on Wednesday it has established 1,000 clo

India’s Ola switches gears on its food delivery business, Foodpanda

India’s Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. So it is making major changes to its food

Food delivery startup Dahmakan eats up $5M for expansion in Southeast Asia

It’s harvest season for Southeast Asia’s full-stack food delivery startups. Following on from Singapore’s Grain raising $10 million, so Malaysia-based Dahmakan today announced a $5 m

India’s most popular services are becoming super apps

Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars. The crediting option will be the fourth

Singapore’s Grain, a profitable food delivery startup, pulls in $10M for expansion

Cloud kitchens are the big thing in food delivery, with ex-Uber CEO Travis Kalanick’s new business one contender in that space, with Asia, and particularly Southeast Asia, a major focus. Despite

GuestReady, a service for Airbnb hosts, doubles down on Europe with another acquisition

GuestReady, a service that helps shared-economy hosts manage their business on Airbnb and other rental sites, is getting into expansion mode again after it completed its fourth acquisition. The compan

Uber is reportedly close to making a tactical exit from India’s food delivery industry

Uber has said adamantly that it won’t exit India (or any more markets) following a hat-trick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business?

India’s Swiggy goes beyond food to offer product delivery from local stores

Swiggy, the Indian food delivery service, has made its much anticipated moved into general deliveries today after it announced its new ‘stores’ product. The move has been speculated since

Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round

Ola, India’s local rival to Uber, has seen its valuation jump to nearly $6 billion as it prepares to take in a large round of financing. The ride-hailing firm, which was founded in 2010, has rai

Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China

So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as

Uber rival Ola buys Foodpanda India to get into food deliveries

Ola, the Uber rival in India, is entering the food delivery space after it announced a deal to acquire Foodpanda’s India business from its parent company DeliveryHero. The deal will see Ola scoo

Delivery Hero acquires Foodpanda as Rocket Internet shuffles online takeout pack once again

Rocket Internet has shuffled the online takeout pack of cards once again. This time the publicly listed German "startup factory" and investor is selling Foodpanda to its much larger rival Delivery Her

Rocket Internet’s Foodpanda sells Russian takeout business to Mail.Ru for $100M

Rocket Internet -backed food delivery business Foodpanda is divesting yet more of its international holdings. Today the company announced that it would sell Russian Delivery Club, its operations in Ru

Foodpanda is selling its Indonesia business and rethinking the rest of Southeast Asia

Foodpanda, the food delivery startup backed by Rocket Internet, is selling its operations in Indonesia and evaluating its presence in the rest of Southeast Asia as part of a push towards profitability

While many on-demand food startups fail to deliver, iFood picks up $30 million to expand in Latin America

The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery market outside of the US.

Foodpanda acquires Delivery.com’s Hong Kong business

News of yet more movement among on-demand food startups: Rocket Internet-backed Foodpanda announced today that it has acquired Delivery.com’s Hong Kong business and will take over its operations the

Foodpanda Lays Off 15 Percent Of Its Staff In India

Foodpanda, the restaurant delivery service backed by Rocket Internet, has laid off about 300 of its employees in its Indian unit. This means Foodpanda India, which launched in 2012, has lost 15 percen

Foodpanda Goes After Corporate Cash With New Delivery Service For Business Users

Foodpanda, the food delivery on-demand service backed by Germany's Rocket Internet, has ventured into the world of corporations after it introduced a dedicated service for business customers that it h

Rocket Internet’s Foodpanda Gobbles Up $100M More Led By Goldman Sachs

Less than two months after raising $110 million, Foodpanda -- the Rocket Internet-backed food delivery service -- has gobbled an additional $100 million serving from investors.

Rocket Internet Ups Stake In Foodpanda And Delivery Hero As ‘Global Online Takeaway Group’ Gets Fatter

Rocket Internet, the publicly-listed German 'startup factory' and e-commerce behemoth, has increased its stake in Foodpanda, and rival Delivery Hero, as part of a strategy to build out its Global Onli
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