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Asian food delivery app HungryPanda watches China’s price wars

HungryPanda, a UK-based food delivery platform specializing in Chinese and Asian cuisine, is closely watching the price war among Chinese rivals Meituan, Alibaba, and JD.com, said executive Kitty Liu.

Although it doesn’t operate in China, HungryPanda has expanded to more than 80 cities across 10 countries, including Japan, South Korea, and Singapore.

Liu said consumers in Western markets such as the US, UK, and Australia are less price sensitive, so the company focuses on improving products and service quality instead of heavy advertising.

HungryPanda has diversified into Asian groceries and daily essentials through PandaFresh and offers lifestyle services in Australia and the US via VouchersPanda.

Both services launched in 2021, and after raising US$55 million in 2024, the company is now considering further fundraising and a potential IPO.

🔗 Source: South China Morning Post

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