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Foodpanda delivered 7.6 million orders globally in Q2 2016

Rocket Internet owned Foodpanda has reported revenues of $13.15 million (€ 11.7 million) in Q2 2016, up by 64.8% year-over-year (YOY) from $7.98 million (€ 7.1 million) in Q2 2015. In H1 2015, Foodpanda’s revenues were $14.16 million, climbing 72% YOY to $24.38 million in H1 2016. In Q2 2016, foodpanda delivered 7.6 million orders, up 66.1% YOY from 4.5 million orders in Q2 2015, whereas in H1 2016, the order number was 14.2 million, up 69.7% YOY from 8.4 million in H1 2015. Foodpanda’s Gross Merchandise Value or GMV for Q2 2016 was $98 million, up 52.9% YOY from $64.16 million in Q2 2015. The GMV for H1 2016 was $183.25 million, up 54% YOY from $118.54 million in H1 2015. The company added in its presentation that it is that it is planning to opitmize its unit economics but did not give specifics. Its gross profit was $7.5 million in Q2 2015, up to $12.58 million in Q2 2016. For H1 2015, the company reported $13.48 million and $23.26 million for H1 2016. EBITDA losses were at $24.38 million in Q2 2015, $16.63 million in Q2 2016, $43.93 million in H1 2015 and $31.24 million in H1 2016. Operational data - It currently has 10,000 delivery personnel globally. - From H1 2015 to H1 2016, topline growth for foodpanda was 72% and HelloFresh was 159%. - Rocket Internet’s stake in foodpanda is now (as of 30 June 2016) stable at 49.1% since at least 31 December 2015. As of 30 June…

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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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