As Foodpanda keeps on expanding and looking forward to the bright future ahead, the company acquired competitors in 7 Asian markets including City Delivery in the Philippines. This is their move to expand their leadership in the Philippines, Malaysia, Singapore, India, Pakistan, Hongkong and Thailand.
|Mauro Cocchieri / Foodpanda CEO|
Food Runner is the one who operates brands City Delivery in the Philippines and Room Service in Malaysia, Singapore and Indonesia. As the company's online might keeps on growing they are now running several websites namely: foodpanda.ph, foodpanda.com.my, foodpanda.sg and foodpanda.co.id.
“With the recent acquisitions foodpanda becomes the market leader across South East Asia. The combined expertise and experience of several great local companies allow us to significantly improve our offering and service to our customers”, said Ralf Wenzel, Co-Founder and Global Managing Director of foodpanda.
Since their aggressive launch last June 2014, foodpanda PH has been performing in an amazing rate that they have already partnered with 500 restaurants in the span of 6 months. With this acquisition foodpanda is now positioned to have the market dominance for the next several years in the country.
“We are very happy to announce this acquisition. Being in the market since 2014, we will continue to invest in customer service, getting more restaurants on board and also providing the best delivery service for our customers”, added Mauro Cocchieri, CEO of foodpanda Philippines.
With these the company will strengthen last mile delivery and overall improved service. Foodpanda will also be launching in Cavite, Laguna, Rizal, Baguio and Pampanga before the end of 2015.
The other notablea cquisitions in Asia are the following: JUST EAT India, Tasty Khana, Foob by Phone Thailand, EatOye Pakistan, Koziness Hongkong and Speedex Bagladesh.