Foodpanda, the world’s largest online food delivery service, is planning for full coverage of Hong Kong from next year, global chief executive Ralf Wenzel said.
The company also wants to test the use of drones for deliveries in the city, just as it is doing now in Singapore, Wenzel told the Hong Kong Economic Journal in an interview.
It established its presence in the city two years ago with more than 60 full-time staff serving Hong Kong Island and Kowloon, and currently covers 20 to 25 percent of the local market.
The service receives thousands of orders in the city each day, and sees a monthly growth of more than 20 percent, Wenzel said.
Over 250,000 users have downloaded the smartphone app, connecting them to more than 500 partner restaurants.
The company charges a service fee of 10 to 40 percent for each order.
It is also studying the possibility of a customer-to-customer business model for food deliveries.
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