Showing posts with label acquires. Show all posts
Showing posts with label acquires. Show all posts
Wednesday, May 17, 2017
Foodpanda Acquires Delivery Hero Backed Indian Company Tastykhana
Foodpanda Acquires Delivery Hero Backed Indian Company Tastykhana
Foodpanda assumed control Tastykhana in India, augmenting its position in food delivery markets around the world. Tastykhana will remain a free brand. Together, Foodpanda and Tastykhana will partner with in excess of 10,000 restaurants in India, covering in excess of 173 cities.
Foodpanda additionally procured the Mexican food delivery organizations Pedidosya, Semeantoja and Superantojo and targets market initiative in Mexico. The group has been operating in the Mexican market including Argentina, Chile, Colombia, Ecuador and Peru since December 2012 under the hellofood brand. After the acquisitions, Mexican clients in 10 cities will have the choice from in excess of 2,500 restaurants.
Delivery Hero gained the Hellofood organizations in Argentina, Chile, Colombia, Ecuador and Peru, and caught its market position in these markets, collecting 17,500 restaurants over eleven nations in Latin America, including Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela.
Ralf Wenzel, Co-Founder and Managing Director of foodpanda group: "The acquisitions permit us to expand our business sector authority in India and enhance our solid position in Mexico. Consolidated with our efforts in other paramount markets, for example, Russia, Brazil and South East Asia."
Niklas Östberg, CEO of Delivery Hero Holding: “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 Foodpanda / HellofoodFoodpanda together with hellofood and Delivery Club, is the leading global online food delivery marketplace, active in 38 countries on five continents. The company enables restaurants to become visible in the online and mobile world and provides them with a constantly evolving online technology. Foodpanda operates in India, Thailand, Indonesia, Pakistan, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Bangladesh, Kazakhstan, Azerbaijan, Hong Kong, Philippines, Russia, Poland, Ukraine, Hungary, Romania, Bulgaria, Georgia and Serbia. hellofood operates in Brazil, Mexico, Saudi Arabia, Jordan, Lebanon, Qatar, Egypt, Nigeria, Morocco, Kenya, Ghana, Senegal, Ivory Coast, Rwanda, Tanzania, Uganda and Algeria. Delivery Club operates in Russia.
www.foodpanda.com / www.hellofood.com / www.delivery-club.ru
About Delivery Hero
Delivery Hero is a global network of online food ordering platforms with more than 75,000 partner restaurants worldwide. Delivery Hero has over 1000 employees in 23 countries, including 440 in its Berlin headquarters. Investors in the company include among others Insight Venture Partners, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Point Nine Capital, Phenomen Ventures and Vostok Nafta. www.deliveryhero.com
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Friday, March 17, 2017
Housing com plans to Acquires Real Estate Data Product PropEquity
Housing com plans to Acquires Real Estate Data Product PropEquity
According to a TechCircle (VCCircle) report, Housing.com offered around Rs 80 crore for the company which recorded revenues of Rs 13.7 crore in 2014 and misfortunes of Rs 70 lakh.
PropEquity was begun by founder and CEO Samir Jasuja, it is an online subscription based real home data and investigation stage covering more than 45,000 tasks of 8,200 designers crosswise over more than 40 cities in India. The firm includes pretty nearly 500 undertakings consistently. As of now, the company has more than 250 representatives.
Housing was propelled in 2012 by twelve of IITians including Advitiya Sharma. As of late, it had made a tie up with Tata Value Homes to offer homes online utilizing its website, further it dispatched another gimmick Slice View to give home purchasers an intelligent investigation of a venture before making a booking.
Till date, Housing.com has secured an aggregate subsidizing of over USD 121 million in 5 rounds of financing. In December 2014, the Japanese venture company SoftBank had affirmed driving a USD 90 million round, with investment from Falcon Edge Capital in Housing.com. As of now, it gives seeks in 45 cities with a vicinity in western and southern India.
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