date:Aug 12, 2014
ion to 5 billion euros ($4 billion-$6.7 billion).
Falcon Edge Management, a New York-based global hedge fund launched in 2012 with $1.2 billion in assets, is another major backer of foodpanda and contributed to its latest financing round.
In 2013, foodpanda secured more than $20 million in funding from Phenomen Ventures and Investment AB Kinnevik, and $8 million from iMENA Holdings. It received $20 million from a group of investors, including Phenomen, in February of 2014.