Monday, June 24, 2024
No menu items!
Ad

Top 5 This Week

bama cap

Related Posts

Food Ordering Marketplace Hellofood Raises $60 Million to Sign Up More Local Restaurants

- Ad-
Share this
bama cap

hellofoodRocket Internet’s global food delivery marketplace foodpanda/ hellofood has raised $60 million from a group of investors, including various existing investors, Falcon Edge Capital and Rocket Internet AG to send your kitchen packing for good.

Active in more than 40 countries on five continents, the online and mobile food ordering and delivery marketplace will use the cash to make it easier for local restaurants in its various markets to increase delivery sales  and up its customer care services for online orders and delivery cordination with restaurants.

According to Ralf Wenzel, Global Managing Director foodpanda/hellofood: “ 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.”

- Ad -

Since its launch in 2012, foodpanda/hellofood has raised over $100 Million and recently acquired competitor Delivery Club in Russia.

In 2013, foodpanda secured more than $20 Million funding from Phenomen Ventures and Investment AB Kinnevik, and $8 million from iMENA Holdings. Another $20 Million from a group of investors, including Phenomen Ventures, was collected in February 2014.

- Ad-

hellofood-appThe $60 million raised today will go to Hellofood/ foodpanda operations across the world such as Nigeria, Morocco, Kenya, Ghana, Senegal, Ivory Coast, Rwanda, Tanzania, Uganda and Algeria, India, Thailand, Indonesia, Pakistan, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Bangladesh, Kazakhstan, Azerbaijan, Cambodia, Hong Kong, Philippines, Russia, Poland, Ukraine, Hungary, Romania, Bulgaria, Georgia and Serbia. hellofood operates in Brazil, Mexico, Argentina, Chile, Colombia, Peru, Saudi Arabia, Jordan, Lebanon, Qatar. Delivery Club operates in Russia.

Share this
- Ad -
Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

Popular Articles

bama cap