Today, foodpanda celebrates its 7th anniversary in Singapore with a few updates.
First of all, they announced that the weekly order frequency on foodpanda in Singapore “more than doubled” the last 12 months.
As a subsidiary of German food delivery firm Delivery Hero, product development for foodpanda had been primarily managed by the parent company.
In a bid “to efficiently and effectively scale up in Southeast Asia” and “ensure proximity to the markets it serves”, however, foodpanda has since established Singapore as its SEA headquarters.
Its Singapore headquarters will “be at the heart of technological innovation and product development tailored for the region”.
To power its new “technology hub”, foodpanda will be hiring more than 500 experts across product and engineering teams.
There are also plans to hire 100 engineers over the next three months.
Said a Delivery Hero spokesperson: “The Asian market is dynamic with many players helping to shape nascent industries like ours and boost the regional and local economies.”
“We have been investing successfully in the region and Singapore as a hub, and we are excited about our continued growth, offering a best-in-class experience and innovative tech platform for partners and customers and building a diverse and fun workplace that attracts top global talent.”
Free Third-Party Liability Insurance For Riders
Currently, foodpanda has over 6,000 riders in Singapore, many of whom fulfil deliveries with PMDs and bicycles.
To further enhance rider welfare safety, foodpanda has partnered with NTUC Income to offer free third-party liability insurance for all active PMD and bicycle riders from September 2019.
Said Peter Tay, NTUC Income’s Chief Digital Officer: “Food delivery riders have flexible work schedules and would require an insurance proposition that offers them protection when they are on a job. Leveraging foodpanda’s riders and delivery data, we co-created with foodpanda a dynamic third-party liability insurance cover for each job that the delivery rider undertakes.”
Added Luc Andreani, Managing Director, foodpanda Singapore: “With the NTUC partnership, we will be able to leverage on digital solutions and co-create innovation insurance packages that our riders will find to be both affordable and beneficial.”