5 years ago

HungryPanda Raises $20 Million to Expand Food Delivery Service for Chinese Communities

  • HungryPanda, a food delivery service for Chinese communities in cities around the world, has raised $20 million in funding led by investors 83North and Felix Capital

  • The round will be used on hiring, product development and global expansion, particularly in the United States

  • HungryPanda is carving out its own niche by tailoring its platform for Chinese-language users and focusing on Chinese food and grocery deliveries

  • The startup says its operations in the United Kingdom and New York City are already profitable.

      • ProblemFinancial Services

      "Chinese communities face barriers in accessing their favorite Chinese food and grocery deliveries due to language and cultural differences."

      Solution

      "HungryPanda offers a food delivery platform tailored for Chinese-language users, focusing on Chinese food and grocery deliveries, accepting Alipay and WeChat Pay, and using WeChat for marketing, serving Chinese communities in cities worldwide."

      Covered on