Global Food Delivery Marketplace Foodpanda Raises another US$60M

August 12, 2014 (Tue): foodpanda group has announced another financing round of US$60 million from various existing investors, Falcon Edge Capital and Rocket Internet AG. Ralf Wenzel, Global Managing Director foodpanda/hellofood: “We are very pleased by the sign of confidence and the acknowledgment of our current success. The new funding will be invested in continuous growth in our existing markets, by partnering with even more restaurants in more cities and further improving customer service. We want to establish ourselves as the market-leading food delivery marketplace, creating the most convenient way to order food – wherever you are.”

Author: Terry KS

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