Categories: Tech & Society

FoodPanda Acquires Brazil’s Peixe Urbano Delivery

Hellofood.com.br, the Brazilian unit of Hellofood.com, a Rocket Internet backed online food ordering platform, popularly known as Foodpanda.in in India, has acquired Peixe Urbano Delivery, its competitor in the Latin American country, for an undisclosed sum.

This is Hellofood’s third such deal in a row in Brazil; it acquired Jánamesa and MegaMenu in August this year. With this acquisition, Hellofood will get access to more than 2,000 restaurants in the country and will become a leading player in the region. Started in Minas Gerais, Peixe Urbano Delivery is an online food delivery service, with presence in Rio de Janeiro and São Paulo as well. Earlier known as The Delivery, it renamed itself as Peixe Urbano Delivery after acquiring Peixe Urbano in 2012.

“With this third acquisition in just four weeks, we consolidated our position in Brazil. Now we are one of the market leaders, offering the largest number of restaurants to our customers. We will not stop here and will always be looking for great opportunities,” said Ralf Wenzel, global managing director of Hellofood.

Founded in April 2012, Hellofood.com features location-specific listing of restaurants on its site. Users can check out menus, along with special offers, post which they can order and get them delivered to their homes. One can also search for restaurants according to cuisine, and/or by other parameters such as vegetarian/non-veg, healthy food, etc. The company helps restaurants increase sales through online and mobile platforms and also provides them with technology and analytics.

The firm is focused on emerging markets and is offering online food ordering services in 28 countries in five continents. These are Indonesia, Malaysia, Pakistan, Singapore, Taiwan, Thailand, Vietnam, Ghana, Ivory Coast, Kenya, Morocco, Senegal, Nigeria, Russia, Argentina, Brazil, Chile, Colombia, Mexico, Peru, Hungary, Venezuela, Poland, Ukraine, Romania, Czech Republic, India and Saudi Arabia.

Via: TechCircle

 

Team TechPanda

Recent Posts

New tech on the block: Crypto, Pharma, Cybersecurity, Social Media & Medtech

The Tech Panda takes a look at recent tech launches. Crypto: Gold, Forex and Commodities…

24 hours ago

How mobile apps are transforming small businesses in India: A perspective from an app development company

The small business sector of India is in the middle of a huge digital shift,…

1 day ago

Horasis India Meeting 2025 Opens With Focus On India’s Expanding Global Role

While many markets globally are seeing a slump in growth and employment, India’s economy had…

2 days ago

Geek Appeal: New gadgets & apps on the block

The Tech Panda takes a look at recently launched gadgets & apps in the market.…

2 days ago

The role of EVs in accelerating India’s transition to a sustainable mobility future

India is entering a defining phase in its mobility evolution as the movement toward electric…

2 days ago

The fintech shift women are poised to lead over the next five years

As fintech matures from disruption to infrastructure, the question is no longer just about speed…

2 days ago