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foodpanda PH bares new corporate name

Popular food delivery app foodpanda announced the change of its legal corporate name to Delivery Hero Philippines, Inc.
Foodpanda PH bares new corporate name
File photo: foodpanda

foodpanda now holds a new corporate name

This move seeks to reflect the company's role as part of the Delivery Hero Group, noting that it would still continue the use of the "foodpanda" brand name.

With the change in our corporate name, we are proudly representing our parent company in Berlin and regional headquarters in Singapore, while continuing to proudly fly the foodpanda flag along with our colleagues across Asia, Daniel Marogy, managing director of foodpanda Philippines said in a statement.

In 2016, the Berlin-based online food delivery giant Delivery Hero acquired foodpanda.

Three years later, Delivery Hero also invested USD 4 billion in South Korea-based Woowa, subsequently creating a Singapore-based joint venture that oversees all of Delivery Hero's operations in Asia, including foodpanda.

The formation of Delivery Hero Asia is an exciting one as it opens the door for many synergies and collaborations between Woowa and other foodpanda markets, not to mention the dynamic relationship we already have with Berlin, Marogy said.

For the past years, the food delivery sector worldwide has enjoyed significant growth amid increasing demand during the pandemic.

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