Foodpanda Singapore delivers 222 per cent growth
Food-delivery service Foodpanda Singapore has announced 222 per cent growth for its first quarter.
This follows its acquisition by global food-delivery company Delivery Hero, which has not previously released growth figures.
Foodpanda Singapore was launched five years ago and has a new MD, Luc Andreani, who is aiming to double order volume this year and reach profitability. He has experience in retail with specialism in data analytics, supply-chain management, vendor acquisition, account/brand management and e-commerce business development.
Meanwhile, Foodpanda users can now make restaurant recommendations. A new website and app will launch later this year.
With new technology, the service pledges to improve delivery time to a maximum of 33 minutes.