wordpress blog stats
Connect with us

Hi, what are you looking for?

Foodpanda app orders accounted for 53% of 22.6M orders in 2015

Rocket Internet owned foodpanda has reported (annual report pdf) losses of € 33 million in 2015, and revenues of € 31.5 million in 2015, a jump of 373% from € 6.7 million in 2014. Here are some takeaways from foodpanda’s business: - Rocket Internet has a 49.1% stake in foodpanda, down from 57.9% in 2014. - It has 3,392 employees as of December 2015 and 35,000 restaurant partners worldwide. - Foodpanda app was downloaded 15.5 million times and accounted for 53% of its 22.6 million orders in 2015. - Automation rate increased to 80% in the year - Restaurants which offers meals and its customers saw repeat orders. - Foodpanda’s active user base was 4.9 million, and it partners with WeChat, Viber and Talk to push foodpanda app downloads. - GMV increased to € 266.4 million in 2015, a 128.3% hike from € 116.7 million. - Number of orders increased to 22.6 million in 2015, from 8.7 million in 2014, a growth of 158.6%. - Foodpanda has cash worth € 97.9 million as of 2015. Rocket Internet takeaways which include foodpanda: - Rocket Internet acquired Volo in March 2015 and transferred it to foodpanda in April 2015. Volo lets users order food from restaurants which do not deliver food themselves. -  It lost € 188,629,000 in 2015 and € 75,109,000 in 2014 from Global Fashion Group, Africa Internet Holding GMBH, foodpanda, HelloFresh and Linio; and Global Fashion Group/Bigfoot and BGN Brilliant Services GMBH in 2015 and 2014 respectively. - Foodpanda, HelloFoof…

Please subscribe/login to read the full story.
Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

Free Reads

News

The service from the tie-up will initally be launched at Bengaluru, Bhubaneswar, Vijayawada and Visakhapatnam railway stations

News

The Minister's response came after an X user posted answers generated by Gemini regarding Prime Minister Narendra Modi.

News

Vaishnaw said that in the next five years, there will be significant disruptions in the way telecom technology operates.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ