Rocket Internet’s FoodPanda Grabs $60M In Fresh Funding

By Catherine Shu

foodpanda app

FoodPanda, Rocket Internet’s food delivery service, has its paws on yet another round of funding. This time it is $60 million from existing investor Falcon Edge Capital as well as Rocket Internet AG. The money will be used to expand FoodPanda, as well as its brands hellofood and Delivery Club (a Russian food delivery marketplace that FoodPanda recently acquired), in emerging markets.… Read More

Source: Technology