Delivery Hero Holding GmbH has acquired Rocker Internet-backed Foodpanda. The acquisition has brought together Germany’s two top food delivery startups.
Financier of both the startups — Rocket Internet SE — said the joint business will operate in 47 countries.
The acquirement will let the company process more than 20 million food orders in a month.
As per reports, Delivery Hero and Foodpanda together have raised over $1.5 billion.