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Food delivery apps ripe for consolidation

Food delivery apps ripe for consolidation
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Thai unicorn Line Man Wongnai in talks to buy Foodpanda s local unit: report

Foodpanda Thailand was initially valued at $100m in the talks, Bloomberg reported.

Foodpanda targets quick commerce opportunities

Siripa Jungsawat, the newly installed managing director of Foodpanda Thailand, has vowed to grow the business beyond the food delivery platform by driving towards quick commerce (Q-commerce) for groceries and health and beauty products by capitalising on its customer database.

Foodpanda is in trouble both here and elsewhere in Southeast Asia

Foodpanda is in trouble both here and elsewhere in Southeast Asia
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foodpanda Thailand apologises after copping flak for calling anti-govt protester terrorist

Details 21 July 2021 Foodpanda Thailand has apologised for disappointing and upsetting any parties due to a recent comment on its Twitter account. Multiple media outlets including Nikkei Asia reported that foodpanda Thailand said it would fire a rider who had participated in the pro-democracy movement. In a previous Twitter statement on 18 July, the food delivery company responded to a tweet saying it will expedite the strict implementation of the company s rules by immediately dismissing the driver. Foodpanda added that it has a policy against all forms of violence and terrorism, and it is willing to fully cooperate with the authorities in prosecuting criminals .

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