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Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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Equity Bottom-Up

<ul><li>Germany-based Delivery Hero’s saw its third quarter revenue from Asia soar 88% from the same period last year to stand at 854 million euros (US$978 million).</li><li>Foodpanda has become a prized possession for Delivery Hero, with Asia continuing to be the German group’s largest market as the region brings in about half (48%) of its overall revenue.</li><li>Meanwhile, Foodpanda’s quarterly contribution margin – total sales revenue minus variable costs – in Asia broke even for the first time. </li></ul>

Germany-based Delivery Hero’s saw its third quarter revenue from Asia soar 88% from the same period last year to stand at 854 million euros (US$978 million).Foodpanda has become a prized possession for Delivery Hero, with Asia continuing to be the German group’s largest market as the region brings in about half (48%) of its overall revenue.Meanwhile, Foodpanda’s quarterly contribution margin – total sales revenue minus variable costs – in Asia broke even for the first time. 

Delivery Hero Earns Nearly $1b in Revenue from Asia in Q3 2021

South Korea

Woowa Brothers Corporation designs and develops software applications. The Company publishes various mobile platform applications for food industry. Woowa Brothers serves customers in the Republic of Korea.

Woowa Brothers (0962533D KS)

Delivery Hero Earns Nearly $1b in Revenue from Asia in Q3 2021

Germany-based Delivery Hero’s saw its third quarter revenue from Asia soar 88% from the same period last year to stand at 854 million euros (US$978...

Tech in Asia