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Foodpanda, owned by Delivery Hero, is in negotiations to sell its food delivery business in selected Southeast Asia markets (including Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmart and Laos). Grab, a ride-hailing, taxi, food delivery and grocery app in Southeast Asia, is a potential buyer according to a report by a German media company. We explore three reasons why Foodpanda want to exit this region.
A guide to the Philippines grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.
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