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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…

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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.

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

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