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The Latest Breaking News from Foodpanda

Grab expands to Taiwan, its first non-Southeast Asian market, with $600 million Foodpanda deal

Grab CEO Anthony Tan calls Taiwan a “natural next step” as the superapp enters a high-growth, dense market.

Fortune

No Pause For Food Delivery Riders During Pakistan's Monsoon

Abdullah Abbas waded through Lahore's flooded streets, struggling to push his motorcycle and deliver a food order on time.

International Business Times

Foodpanda delivery service to exit Thailand

Foodpanda will stop operating its platform, food and grocery delivery services in Thailand on May 23, its parent company Delivery Hero announced on Wednesday.

Bangkok Post

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Deliveroo Abandons Hong Kong Market—Here's Why It's Betting Big On The UK Instead

Deliveroo has also noted that it will be selling part of its assets to foodpanda, a rival food delivery platform gaining more traction in the local market.

International Business Times UK

Deliveroo to quit Hong Kong after nine years

The group has agreed the sale of some parts of the business to Delivery Hero’s Singapore-based Foodpanda and will close the remaining operations.

The Independent UK

Shell Partners With Battery-Swapping Scooter Company, Wants Better Last-Mile Service

Gogoro has teamed up with Shell Recharge in Singapore to make its battery swapping stations accessible to the last-mile delivery sector.

RideApart

Uber To Buy Delivery Hero's Foodpanda In Taiwan For US$950 Mn

The US giant aims to complete the all-cash acquisition of Foodpanda Taiwan by the first half of 2025, it said in a statement.

International Business Times

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Thailand’s food delivery drivers feel pinch as Grab, Line rack up losses

Gig workers say platforms such as Grab and Foodpanda have cut their pay rates without explanation.

Al Jazeera

Line Man in talks to acquire Foodpanda in Thailand

Food delivery unicorn Line Man Wongnai is in talks to acquire Delivery Hero SE’s Foodpanda in Thailand as it plans for a stock-market debut in the next few years, according to people familiar with the discussions.

Bangkok Post

Line Man Wongnai raises $265m in Series-B funds

Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass $1 billion and thereby achieving unicorn status.

Bangkok Post

GrabMart to woo more small merchants

Grab, an on-demand superapp available in Southeast Asia, is sharpening its focus on "Quick Commerce" by ramping up efforts to attract small-sized merchants to its GrabMart platform to drive growth in this high-potential segment.

Bangkok Post

Co-payment spurs online food delivery

The new phase of the "Khon La Khrueng" co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout…

Bangkok Post

Foodpanda targets quick commerce opportunities

Siripa Jungsawat, the newly installed managing director of Foodpanda Thailand, has vowed to grow the business beyond the food delivery platform by driving towards quick commerce (Q-commerce) for groceries and health and beauty products by capitalising on its customer database.

Bangkok Post

Foodpanda revitalises

Food delivery platform Foodpanda vows to invest more in Thailand and gear up for a "brand love" approach amid intense competition in the market, part of a move to revitalise its brand.

Bangkok Post

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