Foodpanda group raises another $60 million, aims leadership in emerging markets

Foodpanda, together with its affiliated brands hellofood and Delivery Club, today announced another financing round of $60 Million from a group of investors, including various existing investors, Falcon Edge Capital and Rocket Internet AG. Since its launch in 2012, foodpanda/hellofood has raised over $100 million. Recently, the company acquired competitor Delivery Club, making it the leading food delivery marketplace in Russia.