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Online Food Ordering Giant Delivery Hero Swallows Cyprus-Based Startup Foody
September 5, 2019
Berlin-based Delivery Hero, one of the biggest online food ordering and delivery marketplaces in the world, has made a small acquisition in Cyprus to expand its footprint, the TechEU reports.
The company has picked up Foody, a Nicosia-based startup that has offered an online food ordering service in Cyprus since 2015, having partnered with more than 750 restaurants across the island.
By joining Delivery Hero, Foody becomes part of a global family of brands with presence in 39 countries around the world, including e-food, clickdelivery and deliveras in Greece. Terms of the acquisition were not disclosed.
Argyris Argyrou, the founder and CEO of Foody, said:
“Everybody in the Foody team is very excited about joining Delivery Hero. Becoming part of one of the strongest teams in the world is fascinating and a great opportunity for our team to learn from their knowledge and experience and create an even better Foody.”