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Vanguard slashes Ola's valuation by another 29% to $1.88 billion

The US-based investment management firm Vanguard has adjusted the valuation of the mobility company Ola to $1.88 billion. Photograph: Shailesh Andrade/Reuters This represents the third markdown......

Foodpanda acquires Mumbai-based Holachef

Through this collaboration, Foodpanda marks its entry into cloud kitchens and plans to launch its own brand of food products in different categories Online food ordering and delivery platform......

Foodpanda, Uber Eats eye 3rd slot in online food delivery

The duo spent almost $400 million in 2018 on rapid expansion as well as discounting to gain new customers, and Uber Eats has managed to edge out Foodpanda by 2 million orders. ......

Foodpanda unleashes monster discounts to capture market share

Takes on UberEats, Swiggy; experts question cash burn.Patanjali Pahwa and Karan Choudhury report. Photograph: Kind courtesy FoodpandaIndia/twitter.com Imagine ordering the regular chicken biryani......

Foodpanda has bitten off more than it can chew

Foodpanda delivery executives were assured they could make Rs 50,000. There were promises made on surge and demand. But the demand never kept up with the supply. When Ashraf Khan went for the first......

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