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Foodpanda Group announces series of acquisitions in Europe

businessnews24bd.com

Global online food delivery marketplace foodpanda today announces another series of acquisitions in Serbia, Bosnia & Herzegovina, Montenegro, Croatia and Hungary.

Just weeks after consolidating the market in India and Mexico, through the acquisitions of TastyKhana and PedidosYa, foodpanda also targets market leadership in Central Eastern Europe. The region plays an important role in foodpanda’s global strategy.

In Serbia, Montenegro and Bosnia & Herzegovina, foodpanda takes over Donesi.com. foodpanda will merge operations under the Donesi brand and customers will have access to an increased number of over 550 restaurants.

Moreover, foodpanda has acquired the online food delivery company Pauza.hr in Croatia offering food delivery and take away from hundreds of restaurants. Pauza was founded in 2008 and will continue to operate under its own brand.

Through the acquisition of NetPincer.hu, foodpanda also ensures market leadership in Hungary. NetPincer has been in the market since 1999, partnering with over 550 restaurants in all major cities in Hungary.

Ralf Wenzel, Co-Founder and Managing Director of foodpanda group: “foodpanda has always been focusing on Central Eastern Europe as one of the most important food delivery markets. The recent acquisitions strengthen our leading position and will allow for an even better and more comprehensive offering to our customers”.

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