German food delivery giant Delivery Hero subsidiary foodpanda’s decision to exit Thailand, effective May 23, marks the end of a 13-year journey in one of Southeast Asia’s most promising markets, which was projected to reach a gross merchandise value (GMV) of $4.2 billion by 2024.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com