Comment on Rocket Internet’s Foodpanda Raises US$110 M Fresh Funding by Overclock

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2015-03-12 00:00:00

Foodpanda, the meal delivery service, today announced that it has secured another US$110 million funding round from Rocket Internet AG, as well as from existing and new investors. The company has now raised more than US$200 million since its launch in 2012. As a service that brings dishes from local restaurants to users’ doorsteps, the Rocket Internet-backed startup enables customers to order food via mobile app or online. For restaurants, the online marketplace helps increase delivery sales through online and mobile platforms and provides them with evolving technology and analytics. In order to attract a bigger user base, the company has integrated its service with WeChat last year.