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September 9, 2013 04:49 pm GMT
Rocket Internet, the Samwer brothers' Germany-based e-commerce startup factory, has announced that its brought iMENA Holdings on as a partner and investor in Foodpanda's Hellofood Middle Eastern operation. Specifically, iMENA is investing $8 million in online delivery take-out ordering service -- capital that will be used to expand the service in the region, beyond Saudi Arabia where it currently operates locally.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aIm8QNekpck/
iMENA Invests $8M In Foodpanda's Hellofood To Help Rocket Expand Take-Out Service In Middle East
Rocket Internet, the Samwer brothers' Germany-based e-commerce startup factory, has announced that its brought iMENA Holdings on as a partner and investor in Foodpanda's Hellofood Middle Eastern operation. Specifically, iMENA is investing $8 million in online delivery take-out ordering service -- capital that will be used to expand the service in the region, beyond Saudi Arabia where it currently operates locally.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aIm8QNekpck/
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