Foodpanda Sees 'Very Large Opportunity' in Japan

Foodpanda Sees 'Very Large Opportunity' in Japan

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

Foodpanda is launching in Japan, seeing it as a major opportunity due to the early-stage food delivery market. The COVID-19 pandemic has accelerated interest in online food ordering, providing a boost to the business. Foodpanda is investing heavily in Japan, with plans to spend $20 million initially. The company is confident in its competitive strategy, focusing on affordability, convenience, and speed to attract customers. Despite challenges, Foodpanda aims to support restaurant partners and adapt to post-COVID changes.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current stage of the food delivery market in Japan according to Foodpanda?

Mature

Declining

Early-stage

Saturated

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the COVID-19 pandemic affected Foodpanda's business?

It has led to a decline in new customers.

It has had no impact on Foodpanda.

It has opened up new customer demographics.

It has caused Foodpanda to close operations in some countries.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Foodpanda's outlook for the post-COVID period?

They foresee no change in consumer behavior.

They plan to reduce their market presence.

They expect a decline in online food ordering.

They are optimistic about a shift towards contactless buying.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is Foodpanda investing in its expansion in Japan?

30 million

40 million

20 million

10 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which year was Foodpanda founded?

2014

2010

2016

2012

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key competitive strategy for Foodpanda in its markets?

Reducing customer convenience

Providing limited restaurant choices

Ensuring fast delivery times

Offering the highest prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Foodpanda's approach to competition in the market?

Eliminating competition

Ignoring competition

Embracing competition

Avoiding competition