Shares in the German e-commerce company Rocket Internet fell 14% after its main investor sold half its stake as the two firms have been increasingly becoming competitors. Sweden’s Kinnevik, which clashed with Rocket last year over the valuations of some of their joint investments, sold a 6.6% stake in Rocket […]
foodpanda
In its history this startup gathered $ 318 million, including $ 100 million from Goldman Sachs. On the other hand Delivery Hero, which bought Foodpanda shares from Rocket Internet, earned a total of $ 1.33 billion. Another consolidation on the market of on-line food ordering, during which a larger giant […]
One of the leading global online food delivery services Foodpanda, according to Serbian startup blog Start-it, acquired leading Serbian online food service delivery company Donesi.com. As stated on their company site, Foodpanda is present in over 35 countries in the world, and also part of the well-known Rocket Internet company […]
Startups FoodPanda and its affiliated brand HelloFood have been a big success since their incubation from Rocket and become one of the leading global services in online food delivery. Covering a staggering 40 markets today, FoodPanda is also partnered with over 22,000 restaurants. Since the initial launch this startup and […]