Friday, February 6, 2015

Rocket Internet-backed foodpanda buys rival JustEat in India

Last year, foodpanda had acquired*Delivery Hero-backed food ordering portal*TastyKhana in India – and now they’ve also bought another competitor* foodpanda.in, a Rocket Internet-backed online food ordering marketplace in India, has acquired its competitor JustEat. While the transaction details remain undisclosed, foodpanda said in a statement that JustEat will receive a minority equity stake in the...

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