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Laraib Rizvi
Certified to Run Ads, Automate CRMs & Rescue Your Sanity 🤖🧠
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October 2, 2023
Foodpanda Pakistan recorded losses of 65 million euros in 2022, and It’s the same story for their parent company Delivery Hero across Asia, raising serious doubts about their sustainability. Here are the 2022 net losses (in EUR) for Foodpanda in different markets, based on Delivery Hero's annual reports: Pakistan: -65.69M Bangladesh: -24.22M Singapore: -101.92M Malaysia: -68.37M Philippines: -68.08M Thailand: -104.12M Cambodia: -9.55M Myanmar: -10.02M Hong Kong: -51.56M Taiwan: -93.09M The question arises: if Foodpanda were to exit the scene, who would take its place? Source: https://lnkd.in/dyy9rcFp
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October 2, 2023