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FoodPanda to sell Indonesia biz for under $1 mn
short by Pragya Swastik / on Friday, 19 August, 2016
Rocket Internet-backed on-demand food delivery startup FoodPanda has reportedly put its Indonesia business for sale at less than $1 million. The startup slashed the price for its Indonesia operations after more than a year of unsuccessful attempts of trying to sell the business. FoodPanda had earlier tried selling its India business for $10-15 million, but was unsuccessful.
read more at TechCrunch