foodpanda

Deliveroo will close its operations by selling some assets to Singaporean firm foodpanda and by closing other assets

Consultancy Momentum Works notes in its analysis that after years of prioritising profitability, the region’s top food delivery platforms have regained momentum to fuel their next phase of growth

Uber Technologies said that it remained committed to Taiwan after the island’s antitrust regulator rejected its plan to buy Delivery Hero’s foodpanda business on the island for US$950 million.

Food delivery platforms have ended their cloud kitchen business in Singapore, though some dedicated operators remain upbeat

A membership rate of 60 to 70 per cent would indicate ‘good traction’, says the labour movement

Platform workers must be allowed to join union-like bodies; government to fully foot rise in workers’ CPF payments in 2025, 75% in 2026 and taper off to cease in 2029

The protections are CPF contributions, work injury insurance and a legal framework for representation

DELIVERY Hero is merging three of its businesses across Europe and Asia to cut costs and simplify its operations as the German food delivery business looks for ways to revive growth.

JAKOB Angele worked at Foodpanda for nearly a decade, leading the food delivery firm in the last six years of his nine-year stint.