Foodpanda Launches in Japan, Upping Rivalry With Uber

App adds Japan as its 12th Asian market from Thursday
Japan remains a nascent food delivery market versus Hong Kong

Watch: Jakob Angele, CEO for Asia-Pacific at meal-delivery firm Foodpanda, talks about its entry into the Japanese market.(Source: Bloomberg)

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By Yoolim Lee

September 17, 2020 at 5:10 AM UTC

This article is for subscribers only.

Delivery Hero SE’s Foodpanda is launching operations in Japan Thursday, expanding its Asian footprint to the world’s No. 3 economy.

The company will roll out its meal delivery services in six Japanese cities in a first phase, including Kobe, Yokohama and Nagoya, Jakob Angele, Foodpanda’s Asia Pacific chief executive officer, told Bloomberg TV’s Rishaad Salamat and Juliette Saly. The firm will initially invest 20 million euros ($23.5 million) in the effort, he added.