HungryPanda Ltd Secures $55 Million in Funding Round to Expand Global Footprint and Launch Innovative Business Models

HungryPanda Ltd, the premier overseas Chinese food delivery service, has announced a significant funding milestone, successfully raising $55 million in its latest investment round. Founded in 2017 in Nottingham, UK, HungryPanda has swiftly grown to become the largest platform of its kind, operating in over 80 cities across 10 countries, including key markets such as the UK, France, Italy, the US, Canada, Australia, New Zealand, Japan, South Korea, and Singapore. This impressive growth trajectory has been bolstered by the introduction of innovative business models such as "Panda Fresh," which caters to the rapidly growing demand for Asian grocery e-commerce, and "VouchersPanda," designed to offer discounted online and offline lifestyle services tailored for overseas Chinese communities. The recent funding will enable HungryPanda to expand its service offerings further, enhance its technology infrastructure, and continue its international growth strategy. Additionally, this feat comes on the heels of being recognized in the Deloitte 2021 UK Technology Fast 50, where HungryPanda proudly stood as the only food delivery platform to secure a spot in the rankings. With this new capital injection, the company is poised to enhance its operational capabilities and to broaden its reach, ensuring that it remains at the forefront of delivering authentic culinary experiences to the overseas Chinese diaspora. HungryPanda's commitment to innovation and excellence promises to revolutionize the way customers source and enjoy their favorite meals, paving the way for an even more appetizing future.