Launched in 2013 in Cluj-Napoca, the hipMenu platform includes offers from over 300 restaurants in Cluj, Bucharest, Oradea and Timisoara. The app benefited from a business angel investment of over EUR1 million.
Cloud Treats Romania, the administrator of the hipMenu platform, had a turnover of RON4.73 million, a profit of RON11,253, and 17 employees in 2017, finance ministry data showed.
Delivery Hero’s foodpanda, present on the Romanian market since 2013, is the largest takeaway platform in Romania, working with over 500 restaurants in ten Romanian cities. The online ordering service, managed locally by Foodpanda.ro SRL, had a turnover of RON4.1 million and a loss of RON3.2 million in 2017, according to finance ministry data.
Delivery Hero seeks to continue investing on the Romanian market and plans to expand the foodpanda and hipMenu throughout the country.