delivery hero

Retail Asia21/09/2023

Delivery Hero is in advanced talks on a partial sale of its Asia business, the Wirtschaftswoche business magazine reported, saying Singapore’s Grab could pay a little more than US$1.07 billion. The Berlin-based company could sell its activities under the Foodpanda brand in Singapore, Cambodia, Malaysia, Myanmar, the Philippines and Thailand, according to Wirtschaftswoche, which cited sources familiar with […]

Retail Asia25/11/2022

Dat-Bike-series-A-image-2_-Son-Nguyen-Founder-CEO-1280x853.webp

Vietnamese electric motorbike startup Dat Bike has secured $8 million in a funding round, bringing the total since its establishment to $16.5 million. The round was led by returning investor, Singapore-based Jungle Ventures, with participation from GSR Ventures, Innoven Capital, Wavemaker Partners, and Delivery Hero Ventures – the investment arm of Foodpanda’s parent firm. The […]

Retail Asia19/04/2017

App-based ride service provider Uber Technologies says it is planning to launch its on-demand restaurant delivery service UberEats in South Korea. UberEats Korea will partner with restaurants, with ordering conducted on the company’s web site or with a smartphone app. “The company is preparing the local launch of UberEats,” said a spokesman for Uber Korea, […]

Retail Asia13/12/2016

Control of the Foodpanda business has been sold by parent Rocket Internet, including the remaining Asian operations. German-based online food-ordering service Delivery Hero Holding, which is active in 33 countries, has acquired Rocket Internet-backed Emerging Markets Online Food Delivery Holding, parent of the shrinking Foodpanda business. Foodpanda, 49 per cent owned by Rocket Internet, has […]

Retail Asia13/12/2016

Rocket Internet has sold its mobile and online food ordering portal foodpanda to rival Delivery Hero for an undisclosed sum. Berlin-based Delivery Hero was founded in 2011 by Niklas Östberg. The company said in its announcement that the purchase would increase its stake in the global online food ordering and delivery business. With the acquisition, […]

Tag: delivery hero

Delivery Hero could sell part of Asian business for $1 billion

Electric motorbike startup raises another $8 mln

UberEats Korea launch imminent

Delivery Hero takes control of Foodpanda

Rocket Internet sells Foodpanda business