Delivery Hero’s Foodpanda claims Asia top spot; also sets footing in Myanmar and sees more growth

SINGAPORE/YANGON, July 5 (Bloomberg): Delivery Hero SE’s Foodpanda has grown into the biggest food-delivery app in Asia, excluding China, and envisions further expansion in areas such as groceries, said Jakob Angele, its head for the Asia-Pacific region.

"Not only during the Covid period, but also years before Covid, we saw year-after-year multiplying growth rates,” Angele said in an interview with Bloomberg Television’s David Ingles, Yvonne Man and Rishaad Salamat on Monday. Singapore-based Foodpanda has attained the leadership spot based on both internal and publicly available research, he said.