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Uber to acquire Foodpanda Bangladesh operations

PUBLIC · UBERAug 01, 2026•8 days ago

Acquiring Company

Uber Technologies

Acquired Company

Foodpanda Bangladesh

San FranciscoDhakaOtherFood and BeverageE CommerceFood and BeverageHospitalityE CommerceDeliveryFood Delivery

Description

Uber is set to acquire Delivery Hero, the parent company of Foodpanda Bangladesh, amid ongoing financial losses for the local operations. The acquisition aims to enhance Uber's cross-selling capabilities in emerging markets. There are uncertainties about the future branding and operations of Foodpanda following this acquisition announcement.

Company Information

Company

Uber Technologies

Location

1515 3RD STREET

San Francisco, California, United States

About

Uber Eats is an on-demand delivery app and website that helps bring millions of people around the world the things they want, at the tap of a button. We partner with over 900,000 restaurants and merchants in more than 11,000 cities across six continents. From specialty local favorites to national brand names, groceries to household essentials and more, Uber Eats has what you want when you want it.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Foodpanda Bangladesh?

Foodpanda Bangladesh was acquired by Uber Technologies, based in San Francisco. The deal was reported on August 1, 2026. Uber Eats is an on-demand delivery app and website that helps bring millions of people around the world the things they want, at the tap of a button. Uber Technologies is publicly traded (UBER) and operates in Other.

When did Uber Technologies acquire Foodpanda Bangladesh?

Uber Technologies's acquisition of Foodpanda Bangladesh was reported on August 1, 2026. Uber is set to acquire Delivery Hero, the parent company of Foodpanda Bangladesh, amid ongoing financial losses for the local operations. The acquisition aims to enhance Uber's cross-selling capabilities in emerging markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Foodpanda Bangladesh do?

Foodpanda is a food delivery service that operates in multiple countries, providing a platform for consumers to order food from local restaurants. In Bangladesh, it has been unable to achieve profitability since its entry in 2013. It is privately held, operating in Food and Beverage, and is based in Dhaka.

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