Delivery Hero and foodpanda close multiple acquisition-deals
Global online food delivery marketplaces announce acquisitions in India, Mexico and South America
– Delivery Hero acquires hellofood businesses in Argentina, Chile, Colombia, Ecuador and Peru, strengthening its position as a market leader in Latin America
-foodpanda acquires Delivery Hero’s TastyKhana in India and fosters its leading position in one of the biggest food delivery markets worldwide
-foodpanda acquires Delivery Hero’s Mexican business of PedidosYa, as well as SeMeAntoja and Superantojo, targeting leadership in the Mexican market
Berlin, 17th November 2014:
Global online food delivery marketplaces, Delivery Hero and foodpanda today announce a couple of separate acquisition deals. The acquisitions enable both companies to optimize their international growth strategy.
Delivery Hero acquires the hellofood businesses in Argentina, Chile, Colombia, Ecuador and Peru and captures its market leading position in these markets, aggregating 17,500 restaurants across eleven countries in Latin America, including Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela.
foodpanda takes over TastyKhana in India and further extending its leading position in one of the biggest food delivery markets worldwide. TastyKhana, started in 2007 and has been one of the first food delivery portals in India. TastyKhana will remain an independent brand. Together, foodpanda and TastyKhana will partner with over 10,000 restaurants in India, covering over 173 cities.
foodpanda also acquires the Mexican food delivery businesses PedidosYa, SeMeAntoja and Superantojo and targets market leadership in Mexico. The group has been has been operating in the Mexican market since December 2012 under the hellofood brand. After the acquisitions, Mexican customers in 10 cities will have the selection from over 2,500 restaurants.
Niklas Östberg, CEO of Delivery Hero: “Latin America holds a central role in our long-term strategy. With these acquisitions we further extend our leading position in a region with tremendous growth.”
About Delivery Hero
Delivery Hero is a worldwide network of online food ordering sites with over 75,000 restaurants connected to its service. The company operates in 22 countries across 5 continents. Delivery Hero has more than 1000 employees around the world with 440 staff working from its Berlin headquarters. Investors include Insight Venture Partners, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital and Phenomen Ventures. In the German home market Delivery Hero operates with its two brands Lieferheld and pizza.de.
Bodo v. Braunmühl