Business growth in the region has stagnated since Covid-19 lockdowns eased, says the German firm.
Delivery Hero is in talks to sell the Foodpanda brand in Singapore, Malaysia, Philippines, Thailand, Cambodia, Myanmar and Laos.
The company is in negotiations to sell the Foodpanda brand in Singapore, Malaysia, Philippines, Thailand, Cambodia, Myanmar and Laos, Berlin-based Delivery Hero said in a statement yesterday. While the Asia business is Delivery Hero’s largest revenue driver, it’s struggling to maintain momentum.
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