Foodpanda Acquires Delivery Hero, Backed Indian Company Tastykhana

Worldwide online food delivery marketplaces Foodpanda and Delivery Hero on Monday proclaimed a series of partitioned securing deals. The two have gained companies possessed by the other in India, Mexico, and five Latin American nations.

Foodpanda assumed control Tastykhana in India, augmenting its position in food delivery markets around the world. Tastykhana will remain a free brand. Together, Foodpanda and Tastykhana will partner with in excess of 10,000 restaurants in India, covering in excess of 173 cities.

Foodpanda additionally procured the Mexican food delivery organizations Pedidosya, Semeantoja and Superantojo and targets market initiative in Mexico. The group has been operating in the Mexican market including Argentina, Chile, Colombia, Ecuador and Peru since December 2012 under the hellofood brand. After the acquisitions, Mexican clients in 10 cities will have the choice from in excess of 2,500 restaurants.

Delivery Hero gained the Hellofood organizations in Argentina, Chile, Colombia, Ecuador and Peru, and caught its market position in these markets, collecting 17,500 restaurants over eleven nations in Latin America, including Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela.

Ralf Wenzel, Co-Founder and Managing Director of foodpanda group: "The acquisitions permit us to expand our business sector authority in India and enhance our solid position in Mexico. Consolidated with our efforts in other paramount markets, for example, Russia, Brazil and South East Asia."

Niklas Östberg, CEO of Delivery Hero Holding: “Latin America holds a central role in our long-term strategy. With these acquisitions we further extend our leading position in a region with tremendous growth.”

About Foodpanda / HellofoodFoodpanda together with hellofood and Delivery Club, is the leading global online food delivery marketplace, active in 38 countries on five continents. The company enables restaurants to become visible in the online and mobile world and provides them with a constantly evolving online technology. Foodpanda operates in India, Thailand, Indonesia, Pakistan, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Bangladesh, Kazakhstan, Azerbaijan, Hong Kong, Philippines, Russia, Poland, Ukraine, Hungary, Romania, Bulgaria, Georgia and Serbia. hellofood operates in Brazil, Mexico, Saudi Arabia, Jordan, Lebanon, Qatar, Egypt, Nigeria, Morocco, Kenya, Ghana, Senegal, Ivory Coast, Rwanda, Tanzania, Uganda and Algeria. Delivery Club operates in Russia.

www.foodpanda.com / www.hellofood.com / www.delivery-club.ru

About Delivery Hero
Delivery Hero is a global network of online food ordering platforms with more than 75,000 partner restaurants worldwide. Delivery Hero has over 1000 employees in 23 countries, including 440 in its Berlin headquarters. Investors in the company include among others Insight Venture Partners, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Point Nine Capital, Phenomen Ventures and Vostok Nafta. www.deliveryhero.com

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