HungryPanda
Financials
Estimates*
| EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 18.6m | 43.8m | 72.6m | 110m | 115m |
| % growth | - | 135 % | 66 % | 51 % | 5 % |
| EBITDA | - | (24.3m) | (54.4m) | - | - |
| % EBITDA margin | - | (55 %) | (75 %) | - | - |
| Profit | - | (26.9m) | (56.3m) | - | - |
| % profit margin | - | (61 %) | (78 %) | - | - |
| R&D budget | - | 2.0m | 11.3m | - | - |
| R&D % of revenue | - | 4 % | 16 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $20.0m | Early VC | |
* | $70.0m | Series C | |
* | $130m | Series D | |
| Total Funding | €200m | ||
Recent News about HungryPanda
EditHungryPanda is a specialized food delivery service that primarily caters to the local needs of Chinese communities across the globe. Established in 2017, the company has focused on providing high-quality services in essential areas such as food delivery, fresh food delivery, and lifestyle services. Operating in a niche market, HungryPanda serves Chinese expatriates and students who crave authentic Chinese cuisine and related lifestyle products.
The business model revolves around a platform that connects Chinese restaurants and merchants with customers who seek authentic Chinese food and products. HungryPanda makes money through delivery fees, service charges to merchants, and potentially through premium services or subscriptions. The company leverages a network of over 100 merchants and 80 delivery riders to ensure timely and efficient service.
HungryPanda operates in multiple countries, making it a global player in the food delivery market, but with a unique focus on Chinese cuisine and lifestyle needs. This targeted approach allows the company to build a loyal customer base and differentiate itself from more generalized food delivery services.
Keywords: Chinese cuisine, food delivery, fresh food, lifestyle services, global, niche market, expatriates, students, merchants, delivery riders.
