Fresh US$60m funding to boost Foodpanda's reach

[SINGAPORE] With a fresh US$60 million fund injection, food delivery site Foodpanda continues its march towards global domination.

The company, which is owned by German super incubator Rocket Internet, has just announced the latest investment round, which brings its total funding raised to date to just over US$100 million.

Just two years old, Foodpanda is already available in 40 countries across South-east Asia, the Middle East, Africa and Latin America. In Asia, it is in countries such as India, Thailand, Indonesia, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Hong Kong and the Philippines.