Foodpanda
Uber ends acquisition of Delivery Hero’s Taiwan foodpanda business amid regulatory hurdles
Delivery Hero SE, the Germany-based global local delivery platform, has confirmed that the American multinational transportation company Uber Technologies, Inc. has decided to terminate the agreement to acquire Delivery Hero’s foodpanda business in Taiwan.
Foodpanda Malaysia, TNG Digital join forces to launch pandacredit ewallet
Foodpanda Malaysia and TNG Digital, the operator of TNG eWallet, have joined forces to introduce pandacredit e-wallet.
Funding Societies partners foodpanda to offer financing for Bumiputera merchants in Malaysia
Funding Societies, Southeast Asia’s small and medium enterprise (SME) digital finance platform, has extended its partnership with global delivery firm Delivery Hero's subsidiary foodpanda to offer exclusive financing for Bumiputera merchants in Malaysia.
Foodpanda partners Visa solution Cybersource to enhance customer checkout experience in APAC
Foodpanda, a subsidiary of Delivery Hero, has on Thursday announced its strategic partnership with Cybersource, a Visa Solution, to elevate their customer checkout experience through frictionless payments in more than 10 markets across Asia Pacific.
Foodpanda’s parent Delivery Hero denies sale talks have collapsed – report
“There are market rumours that the negotiations for the potential sale have collapsed,” Deliver Hero said in a statement, according to the report. “We confirm that the negotiations for the potential sale are ongoing.”
TNGlobal’s Top 10 most-read news articles in 2023
The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.
TNGlobal’s Top 10 most-read analysis & feature articles in 2023
It’s the time of the year again as we take a look back at what happened throughout 2023 in the tech and startup scene in Southeast Asia.
China’s Meituan explores deal for Delivery Hero’s Southeast Asia arm Foodpanda – report
Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said.
Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say
Momentum Works, a venture outfit, estimated Foodpanda's Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in Singapore, Malaysia and the Philippines, and third in Thailand in 2022.
Delivery Hero’s foodpanda’s business could be sold to Grab? – report
Delivery Hero plans to sell its activities under the foodpanda brand in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand.
