The 13 cities where Foodpanda has launched operations include Jaipur, Chandigarh, Kanpur, Lucknow, Indore, Ahmedabad, Nashik, Nagpur, Mysore, Bhubaneswar, Guwahati, Visakhapatnam and Coimbatore, a company statement said.
Foodpanda to hire 60,000 delivery riders in next 2 months, aims to increase order volume substantially
Foodpanda also aims to establish strategic and long-term relationships with partner restaurants and constantly add more restaurants to the platform
Foodpanda said that it plans to hire 25,000 delivery riders in the next 12 to 15 months
Ola buying Foodpanda’s India business comes as a big relief for German tech incubator Rocket Internet
With the declaration, the domestic ride-haling company Ola is trying to re-enter the online food delivery segment
Ola to invest $200 mn in Foodpanda after buyout; company returns to food delivery to take on UberEATS
The deal marks Ola’s return to the food delivery business, which it exited in 2016,
Ola buys Foodpanda India from Delivery Hero Group for $200 mn; Pranay Jivrajka to head this new business unit
According to the cab aggregator platform's statement, the deal includes the transfer of Foodpanda's India business to Ola in an acquisition deal in exchange for Ola stock.