Thoughts

September 9, 2013

iMENA Group Invests $8M In Foodpanda’s Hellofood

Rocket Internet, the Samwer brothers’ Germany-based e-commerce startup factory, has announced that it’s brought iMENA Holdings on as a partner and investor in Foodpanda’s Hellofood Middle Eastern operation. Specifically, iMENA is investing $8 million in the online take-out ordering service — capital that will be used to expand the service in the region, beyond Saudi Arabia where it currently operates locally.

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