Overview of Foodpanda Wiki
Eight years ago, online food ordering became a thing in the food business, which led to the birth of companies such as Zomato. As time passed, more companies delved into this line of business, and it became popular in the food industry. Now, since there are online food ordering businesses, placing orders for food online has become a lot easier than before.
One of these food delivery businesses is Foodpanda, also known as HelloFood. We have create a foodpanda wiki to give readers all details of Foodpanda. Foodpanda is a global brand, and its primary service is to help customers to place their food orders at restaurants nearby using its mobile app or website. The company is known as Hello Food on the Middle East, Africa, and Latin America while the brand name Foodpanda is reserved for Europe and Asia.
It’s user-friendly and intuitive interface have contributed immensely to the success of Foodpanda all over the world. And this past couple of years, the company has worked strategically on adding more features to drive traffic to the app. Customers can either use the website or the app as they both function in the same way and they can also refer foodpanda wiki.
The process of ordering for food on Foodpanda is easy with a step-by-step procedure. The first step is to enter the customer’s postal information. This information is used to filter out the restaurants available to deliver food within that location. Apart from the basic deals that the restaurants offer, both the app and website also offer some deals that customers can use when ordering for food through Foodpanda. We will be updating these deal in foodpanda wiki in future. When the customer places their order, they will receive a confirmation message which includes the estimated time of delivery. Foodpanda then sends the details of the order to the selected restaurant and the contact information of the customer. Foodpanda does not only depend on the success of its collaboration with the restaurants. Its success is hinged on the successful delivery of food to the customers.
With the expansion of the company, it is working across markets to expand its delivery network. For instance, the CEO of Foodpanda Singapore, Jakob Angele, has stated that “Foodpanda service is about making available food to residents of Singapore within the shortest possible time. With Foodpanda’s in-house dispatch riders, the service of delivering food which Foodpanda renders will become faster and more consistent.”
TRACKING AND REVIEWING OF ORDERS
Customers can track their orders using the Foodpanda app or website, and this helps keep the customer updated about the status of their order. The customer can know when their food is on the way to them. There is also a review system where the customer can rate Foodpanda’s services as well as the quality of the food the restaurant delivered.
It is possible for the customers to keep track of their order from the Foodpanda website or app. It is really helpful for the customers as it informs them about the step by step processing of their order or details about the cancellation in case of cancellation of order. The customer can also write a review about the quality of the food ordered by the restaurant as well as the services provided by Foodpanda.
ABOUT THE FOUNDERS OF THE COMPANY
Foodpanda was founded in 2012 by two people; Benjamin Bauer and Ralf Wenzel. The company has its headquarters in Berlin, Germany as per information to foodpanda wiki
Ralf Wenzel serves as the global CEO of the company, and he has a computer science degree from Berlin University. He used to work as the Group Chief Operating Officer at Skrill Holdings and before that he was the Senior Vice President Sales and Business Development at Jamba/Jamster.
He is the Chief Marketing Officer of Foodpanda, and he holds a Bachelor of Science degree in Business Administration from Maastricht University and a Master of Science degree from WHU. He has held job positions at Venture capital firms in Munich and San Francisco.
FOODPANDA HISTORY AND ESTABLISHMENT
From the launch date of Foodpanda in May 2012, the company became an instant success. Before the end of the year, it already had active operations in 16 countries. In February 2013, the company was already operating in 23 countries. Now, the company operates in five continents and in more than 500 cities. The company has about 3,700 employees and more than 38,000 partners worldwide.
As per Foodpanda Wiki there are many other companies in the online food ordering business, and Foodpanda has its share of stuff competitors. Zomato, an India-based company is the stiffest competitor for Foodpanda. Zomato was established four years before Foodpanda was established, but over time, Foodpanda has closed in on any gaps that Zomato may have had. Foodpanda has gotten sizable funding from big investors such as Rocket Internet and Goldman Sachs which has helped Foodpanda grow in leaps and bounds ahead of Zomato. Foodpanda has also acquired a lot of other companies that would have otherwise increased the number of competitors. Some of these acquisitions include Freshmenu and Tinyowl.
Foodpanda received an investment of $20 million from AB Kinnevik Phenomenon on the 6th of May 2013, and later in the same year, the company got $8 million from iMENA Holdings. Phenomen Ventures invested $20 million in February 2014. But in August 2014, Foodpanda got its major funding from Rocket Internet AG which invested $60 million and then invested another $110 million in March 2015. Later in 2015, Goldman Sachs invested $100 million which brings the total investment in Foodpanda to be $318 million.
|April 30, 2015||Equity||$100M||Goldman Sachs Rocket Internet|
|March 11, 2015||Equity||$110M||Rocket Internet Ag|
|August 10, 2014||Equity||$60M||Rocket Internet Ag|
|February 3, 2014||Equity||$20M||Phenomen Ventures|
|Sep 8, 2013||Equity||$8M||iMENA Holdings|
|May 6, 2013||Equity||$20M||AB Kinnevik Phenomen Ventures|
ACQUISITIONS THAT FOODPANDA HAS MADE
Over the past four years, Foodpanda has acquired a number of small companies. Check out the table below to see the companies listed in Foodpanda Wiki.
|September 2015||Singapore Dine|
|February 2015||Just Eat India|
|February 2015||Asian Room Services|
|February 2015||Eatoye and City Delivery|
|February 2015||Koziness and Food By Phone|
|February 2015||24h and Room Service|
|December 2014||Donesi and pauza|
|November 2014||PedidosYa and TastyKhana|
|June 2014||Delivery Club and deli Yami|
|July 2013||Mega Menu|
NUMBER OF ACQUISITIONS
Since its establishment, Foodpanda has made about $400 million in revenue.
ESTIMATED REVENUES COMPARED AS PER FOODPANDA WIKI
|Company||Estimated Revenue (If Private)|
|Tinyowl||Less than $1M|
|Freshmenu||Less than $1M|
Foodpanda started out in Singapore in 2012, and since then, it has extended its operations to 40 countries across five continents. Foodpanda operates in over 500 cities across the world.
The Foodpanda Group of Companies has many brands under its umbrella. Foodpanda is the name the company uses in Eastern Europe and Asia while the company operates as HelloFood in the Middle East. There are also some other smaller companies under the umbrella brand. Check out the names of the company in different countries around the world in foodpanda wiki.
|Food By Phone||Thailand|
To read more about foodpanda business model check here