SINGAPORE -- Food delivery service Foodpanda remains focused on its core business to reach profitability on a group level, the company's CEO says, adopting a different strategy from regional competitors such as Grab and GoTo, which have expanded into different businesses to become "superapps."
Technology
Foodpanda will not follow 'superapp' rivals in ASEAN: CEO
10 years on, food delivery service to focus on core business for profitability
Foodpanda CEO Jakob Angele aims to strengthen the company's engineering and business team as it faces stiffer regional competition. (Source photos by Tsubasa Suruga and Getty Images)
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