Foodpanda to focus on core business, not follow 'superapp' rivals, says CEO

Foodpanda to focus on core business, not follow 'superapp' rivals, says CEO

A foodpanda fulfilment centre in Singapore. Source: foodpanda.

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.”