Foodpanda acquires Singapore-Dine for undisclosed sum
By Digital News Asia September 24, 2015
Adds Tony Roma’s, Chili’s, Subway, and Outback Steakhouse to its platform
Also gets access to Singapore-Dine’s integrated delivery fleet
FOODPANDA said it has acquired food delivery company Singapore-Dine, its latest after a spate of acquisitions in February. Financial terms were not disclosed.
Foodpanda, with an app available for the Android and iOS platforms, allows customers in Singapore to order from over 400 restaurants, the company said in a statement.
The partnership with Singapore-Dine brings new restaurants to the foodpanda platform and an integrated delivery fleet.
Founded in 2010, Singapore-Dine offers food delivery from Tony Roma’s, Chili’s, Subway, 4Fingers, California Pizza Kitchen, Outback Steakhouse, Bergs Gourmet Burger and many other individual restaurants.
“Singapore-Dine has built a great service over the last years partnering with some of the best restaurants in the city,” said FoodPanda Singapore managing director Emma Heap.
“With the acquisition, we are able to significantly increase our offerings to customers in Singapore,” she added.
Foodpanda, together with its affiliated brands, focuses on emerging markets and operates in 40 countries across five continents. It has raised over US$310 million since its launch in 2012.
In February, it fully acquired key competitors in seven Asian countries, including the Room Service business in three Asean countries, less than two months after a similar acquisition spree in Europe.
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