Wazzup Pilipinas!
Global online food delivery company foodpanda announced today that it has fully acquired Singapore-based Food Runner, which operates the brands Room Service in Singapore, Malaysia and Indonesia, and in the Philippines, City Delivery. Already in leading position in most of its Asian markets, foodpanda additionally acquired competitors in India, Pakistan, Thailand, Hong Kong, and Bangladesh. This follows the series of acquisition in Europe, giving foodpanda the leadership in South East Asia, next to its other core markets in India, Russia, Brazil, and Mexico.
Food Runner, founded in 2012 operates the brands City Delivery in Philippines, as well as Room Service in Malaysia, Singapore and Indonesia. On the other hand, in other countries, foodpanda already runs foodpanda.ph, foodpanda.com.my, foodpanda.sg, and foodpanda.co.id, respectively.
“With the recent acquisitions foodpanda becomes the market leader across South East Asia. The combined expertise and experience of several great local companies allow us to significantly improve our offering and service to our customers”, said Ralf Wenzel, Co-Founder and Global Managing Director of foodpanda.