4 Hong Kong Brands Acquired by Foodpanda

4 Hong Kong Brands Acquired by Foodpanda
Comments Off, 10/02/2015, by , in Local Startup News

Foodpanda acquires competitors in 7 Asian markets including 4 brands in Hong Kong

- Foodpanda acquires Dial-a-Dinner, Koziness.com, SOHO Delivery, and Ring-a-Dinner,  cementing itself as market leader in Hong Kong

- Expands leadership in Hong Kong, Singapore, Malaysia, Philippines, Thailand, India and Pakistan

Global online food delivery marketplace foodpanda today announces a sequence of momentous acquisitions in Hong Kong. Asia is cornerstone to foodpanda’s global strategy, placing Hong Kong at the forefront, where foodpanda has taken over Dial-a-Dinner,  Koziness.comSOHO Delivery, and Ring-a-Dinner . foodpanda is active in 39 countries across five continents. Already in leading position in most of its Asian markets, foodpanda additionally acquires competitors in Singapore, Malaysia, Philippines, Thailand, India and Pakistan

Initially, all five brands will continue to be represented independently, with foodpanda remaining the mass-market leader. As operations consolidate, customers will gain streamlined access to over 500 restaurants. foodpanda customers will now enjoy expanding offerings such as: the One Michelin Starred The Square-Guangdong Dim Sum, Spaghetti House, Berliner, and Café Siam. The increased operational capacity also allows foodpanda to aggressively add restaurants to their ever-expanding menu and confirm their market dominance in the food delivery space.

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foodpanda’s acquisition of the popular, Soho-centric, online food delivery service, Koziness.com will mean expanded service for foodpanda’s corporate clients. The newly acquired Dial-a-Dinner, which has been operating in Hong Kong since 1999, unlocks a door to increased restaurant offerings, most notably in the Kowloon, South, and North Hong Kong Island areas. The acquisition also brings the expanded service of Dial-a-Dinner’s convenience store items delivered on-demand. Customers will now be able to order items such as: ice and alcohol for their big party, and Panadol for the morning after, conveniently delivered to their homes.

Chinmay Malaviya, Co-Founder and CEO of foodpanda Hong Kong and Singapore: “These acquisitions enable us to consolidate our delivery and call-centre resources to give our customers an even better experience in terms of timely delivery and well trained staff to handle any questions. This acquisition will also afford foodpanda the ability to scale even faster in the Hong Kong market. All five companies will move under one big roof and work together for the best customer experience.”

Gary To, Founder of Koziness.com: “Joining forces with foodpanda allows us to share our experience in the Hong Kong market while foodpanda offers access to marketing savvy which will elevate service to Koziness.com’s existing clientele. This increased service experience will firmly place us at the forefront of food delivery in Hong Kong.”

Longtime market stalwarts, Dial-a-Dinner, Koziness.com, SOHO Delivery, and Ring-a-Dinner, bring operational know-how which bolsters foodpanda’s well-honed marketing expertise, world-class mobileapp and user-friendly website. This consolidated service offers immense benefits to not only consumers, but to restaurant partners as well.

Next to this foodpanda group announces a series of acquisitions across Asia, consolidating their leadership in the food delivery business in the Asian market:

- In India, acquisition of JUST EAT India, expanding leadership in biggest food delivery market after acquiring TastyKhana in November

- In Malaysia and Singapore, acquisition of Room Service, a brand of Food Runner

- In Philippines, acquisition of City Delivery, also brand of Food Runner

- In Thailand, acquisition of Food By Phone

- In Pakistan, acquisition of EatOye

Ralf Wenzel, Co-Founder and Global Managing Director of foodpanda group: “With the recent acquisitions foodpanda becomes the market leader across South East Asia. The combined expertise and experience of several great local companies allow us to significantly improve our offering and service to our customers.”

Weeks after a series of acquisition in Europe, the foodpanda group now also gained a leading position in South East Asia, next to its other core markets in India, Russia, Brazil and Mexico.

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