foodpanda Singapore announces the appointment of a new managing director, Aspa Lekka and a new head of marketing, Laura Kantor.
Foodpanda has seen new entrants into the food delivery scene, but remains upbeat about its prospects despite a slew of challenges.
foodpanda claims that it is on the path to profitability in its South-East Asian markets, and a key driver for that have been its localisation efforts for the different markets in the region.
Only six in 10 F&B businesses in Singapore, and foodpanda is giving F&B outlets a fighting chance by offering delivery with little to no upfront costs, claims its regional head Emma Heap.
Foodpanda said it has acquired food delivery company Singapore-Dine, its latest after a spate of acquisitions in February. Financial terms were not disclosed.