Hungry Panda

Market position

Positions itself as a leading Asian food delivery platform for overseas Chinese communities; press coverage identifies Canadian Asian-cuisine delivery platform Fantuan as its top global competitor.

Go-to-market

Consumer-facing mobile apps and website localised by country and language, growth through city-by-city expansion, acquisitions such as Easi in Australia, and partnerships including supplying groceries for AliExpress's one-hour delivery launch in Greater London.

Chinese and wider Asian communities living abroad, including students and expatriates, plus Asian restaurants and grocery merchants in the cities it serves.

Geography

Headquartered in London and serving Chinese expatriate communities in more than 80 cities worldwide. Apps are offered for Australia, Canada, France, Italy, Japan, New Zealand, Singapore, South Korea, the United States and the United Kingdom; at the time of the 2021 Easi deal the company covered more than 60 cities across the UK, France, Italy, the US, Australia, New Zealand, Japan, South Korea and Singapore.

History

HungryPanda was founded in London in 2017 with a focus on serving Chinese communities abroad. It expanded across the UK, Europe, North America, Australasia and East Asia, and in late 2021 acquired the Melbourne-based food and grocery delivery platform Easi to build a leading position in Australia, paying an initial sum of $45.2m in December 2021. The acquisition became the subject of a London High Court dispute in which HungryPanda alleged Easi's owners withheld IT assets and breached non-compete terms; the company won an A$24.6m (£11.7m) award in July 2025. It launched the PandaFresh grocery business in 2023 and raised £44m of refinancing and new funding in September 2024.

Risks & controversies

The Easi acquisition led to a multi-year legal dispute: HungryPanda told the London High Court that Easi's owners withheld accounts, passwords and software security information, that large volumes of data were deleted (including 81% of Easi's Microsoft Exchange data), and that the two-month loss of control caused a 30% drop in order volumes and the departure of 60% of Easi's employees. Court documents also indicated Easi's owners had been in undisclosed talks with competitor Fantuan, including a proposed joint venture with A$15m initial investment from each side; the case was heard uncontested after the four defendants were debarred from defending.