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Rocket Internet’s international online food delivery service Delivery Hero has acquired brother company Foodpanda for an undisclosed amount. The acquisition will help Delivery Hero consolidate...
Foodpanda has reported revenues of Rs 37.81 crore for financial year 2015-16, up 704.4% from Rs 4.7 crore in 2014-15. The online food delivery...
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...
Foodpanda will start displaying a ‘Hygiene rating’ for all restaurants on its platform. The company mentions that it has roped in consultants to develop...
Rocket Internet owned foodpanda has reported revenues of € 10 million ($11.13 million) in Q1 2016 (74% growth), as compared to € 5.7 million...
Rocket Internet owned foodpanda has reported (annual report pdf) losses of € 33 million in 2015, and revenues of € 31.5 million in 2015,...
Foodpanda has launched an “Express Guarantee” service that promises its customers a refund if it fails to deliver an order within 45 minutes. The...
Online food ordering startup Foodpanda has laid off 15% of its staff across verticals, to become ‘sustainable and profitable’. Multiple publications state the number...