date:Aug 12, 2014
.S. and European venture firms.
The latest financing marks the third sizeable round of investment for foodpanda, which has raised a little over $100 million since it was founded in 2012, said Ralf Wenzel, co-founder and chief executive of foodpanda.
Added funding will help foodpanda deepen penetration of its existing Asian, African, Eastern European, Middle Eastern and Latin American markets before a variety of publicly traded or otherwise well financed rivals can enter them.
Major players in