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Rocket Internet’s Hungry Hellofood Swallows Up Another Competitor

foodpanda_press-pictureAfter taking over competitors in Russia and Ecuador and receiving $60 million of funding three weeks ago, hellofood/foodpanda, an online food delivery marketplace has acquired Brazilian food delivery competitor Entrega Delivery.

Through this deal, hellofood further strengthens its position in Brazil, after taking over Brazilian food delivery services Peixe Urbano, Jánamesa and MegaMenu last year. The hellofood app and website is now offering access to over 2,000 restaurants in more than 30 cities across Brazil. Entrega Delivery will keep operating under its brand.

Marcelo Ferreira, Co-Founder and Managing Director of hellofood Brazil: “We are excited to announce the acquisition of Entrega Delivery and its talented team, which will allow us to strengthen our presence in the strategic cities of Campinas and Belo Horizonte. This acquisition is in line with our strategy to be the top of mind for every customer, no matter where they are, when it comes to order food online”

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hellofood launched its service in Brazil in mid 2013. Globally, the company is present in over 40 countries in Europe, Asia, Middle East, Africa and Latin America.

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]

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