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Foodpanda bets big on Myanmar despite political unrest
SINGAPORE — Foodpanda, which operates an app-based food delivery service, remains committed to Myanmar despite the ongoing political unrest that has disrupted internet services in the country, the company’s chief executive told Nikkei Asia.
The service provider, which operates in 12 economies, is an Asia-focused unit of Germany’s Delivery Hero, one of the world’s major food delivery companies, along with Meituan of China and Uber Technologies of the U.S. Delivery Hero recently merged with Woowa Brothers, South Korea’s largest food delivery operator, making it the biggest delivery operator in Asia outside of China. Foodpanda will continue to operate as the same brand and in the same markets under the merged group.
In an interview with Nikkei Asia, Foodpanda CEO Jakob Angele acknowledged that business in Myanmar is currently “very limited.”
Myanmar’s military, which seized power on Feb….
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