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Which company has acquired online food delivery firm Foodpanda India from Delivery Hero AG in an all-stock deal?
  • a)
    Ola
  • b)
    TATA
  • c)
    Reliance
  • d)
    Facebook
  • e)
    Amazon
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which company has acquired online food delivery firm Foodpanda India f...
Ola has acquired online food delivery firm Foodpanda India from Delivery Hero AG in an all-stock deal. As per the deal, Foodpanda’s India business will be transferred to Ola in exchange for Ola’s stock. Details of the transaction were not revealed. Ola would invest $200 million in Foodpanda India’s operations. Saurabh Kochhar, who was the CEO of Foodpanda India left recently. Pranay Jivrajka, a founding partner at Ola has been named the interim CEO of Foodpanda India.
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Which company has acquired online food delivery firm Foodpanda India from Delivery Hero AG in an all-stock deal?a)Olab)TATAc)Relianced)Facebooke)AmazonCorrect answer is option 'A'. Can you explain this answer?
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