Foodpanda Malaysia Sdn Bhd

Foodpanda Malaysia Sdn Bhd is a food and grocery delivery service that connects customers to restaurants and shops, providing a seamless online ordering experience across various Malaysian cities. Founded in 2012 and headquartered in Kuala Lumpur, Malaysia, Foodpanda Malaysia Sdn Bhd specializes in food delivery services. In August 2018, the company was acquired by QSR Brands (M) Holdings Bhd, a subsidiary of CVC Capital Partners and Johor Corporation. The founder's specific history is not publicly available.

Foodpanda predominantly offers food and grocery delivery services through its app and website, featuring a diverse selection of over 700 restaurants and shops. Customers can easily browse menus from popular chains like KFC, McDonald's, and Pizza Hut, as well as local favorites. The service operates 24/7, catering to customers in cities such as Kuala Lumpur, Petaling Jaya, and Penang, ensuring timely deliveries and convenience in ordering through its user-friendly platform. In 2023, Foodpanda achieved a revenue of USD 179.

48 mn, while reporting an EBITDA of USD -8. 21 mn for the same year. The company generates income through a structured delivery fee model and partnerships with restaurants, which include commission fees for orders processed via its platform. Foodpanda plans to utilize its recent funding to enhance its service offerings and expand its market reach.

Following its acquisition in August 2018, strategic initiatives will focus on launching new features to its platform and exploring additional partnerships within the grocery segment. The company has expressed interest in penetrating new regions within Malaysia to broaden its customer base and increase market share.