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foodpanda acquires competitors in 7 Asian markets
Global online food delivery company foodpanda has fully acquired key competitors in seven countries, spanning its network to 39 countries on five continents. It made the acquisitions in India, Malaysia, Singapore, Philippines, Pakistan, Hong Kong, and Thailand.
The Asset 9 Feb 2015

Global online food delivery company foodpanda has fully acquired key competitors in seven countries, spanning its network to 39 countries on five continents. It made the acquisitions in India, Malaysia, Singapore, Philippines, Pakistan, Hong Kong, and Thailand.

 

After acquiring TastyKhana in November 2014, foodpanda also acquired the Indian business of JUST EAT. foodpanda.in has been present in the Indian market since 2012. Together with TastyKhana and JUST EAT, foodpanda is now present in over 200 Indian cities and partners with over 12,000 restaurants in the 1.3 billion inhabitant country. With this, the group now manages the vast majority of online food orders currently taking place in India.

 

In Malaysia, Philippines, and Singapore, foodpanda fully acquired Food Runner, which also has a franchise relationship in Indonesia. The food ordering business has been spun out of e-commerce operator DealGuru. Singapore-based Food Runner was founded in 2012 with the support and investment from Berlin-based Rebate Networks 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 foodpanda already runs foodpanda.com.my, foodpanda.sg and foodpanda.ph, respectively.

 

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.

 

foodpanda Hong Kong will integrate four brands 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 in the past 10 years.

 

In Thailand, foodpanda 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 foodpanda group: "With the recent acquisitions foodpanda becomes the market leader across Southeast Asia. The combined expertise and experience of several great local companies allow us to significantly improve our offering and service to our customers."

 

 

 

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