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☆ Foodpanda confirms layoffs, says it's in talks to sell part of Asia food delivery business
▼ + stars: | 2023-09-22 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company's operations center in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok's famed love affair with food is spilling over to meal-delivery apps, a fledgling sector that Foodpanda projects will surge in 2018 as competition intensifies. Photographer: Brent Lewin/Bloomberg via Getty ImagesSingapore-headquartered food delivery service Foodpanda on Friday confirmed to CNBC that it is conducting its latest round of layoffs as the need to be "more agile remains critical." "Our company priority right now is to become leaner, more efficient and even more agile. This is Foodpanda's third round of layoffs since job cuts in February and September last year amid macroeconomic headwinds, according to media reports.

Persons: Bangkok's, Brent Lewin, Jakob Sebastian Angele Organizations: Bloomberg, Getty Images Singapore, CNBC Locations: Bangkok, Thailand

☆ Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
▼ + stars: | 2023-08-03 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Bryan van der Beek | Bloomberg | Getty ImagesSINGAPORE — Singapore-based food delivery apps Grab and Foodpanda are expanding into the dine-in space, as consumers look to eat out more post-pandemic. Foodpanda was the first food delivery companies in Singapore to introduce dine-in features in 2021. Food delivery is currently still Foodpanda's largest business, followed by grocery delivery, he said. In June, food delivery service AirAsia Food launched dine-in services in collaboration with restaurant reservation platform eatigo. Food delivery apps want to help [restaurants] get some business in terms of dining in and booking.

Persons: Bryan van der Beek, Bernstein, Foodpanda, Jakob Sebastian Angele, Jonathan Woo, Phillip Securities Research Angele, TabSquare, Jein, GrabFood's, Tay, Woo, Sachin Mittal Organizations: Central Business District of Singapore, Bloomberg, Getty, SINGAPORE —, CNBC, Phillip Securities Research, AirAsia Food, DBS Bank Locations: SINGAPORE, SINGAPORE — Singapore, Singapore, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Hong Kong, Pakistan, Bangladesh, Asia Pacific

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