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  • Foodpanda Expands Footprint in Singapore with New Pandamart XL Stores: Bigger Selection, Better Value!

    Foodpanda Expands Footprint in Singapore with New Pandamart XL Stores: Bigger Selection, Better Value!

    Foodpanda, a popular food delivery service, has recently expanded its presence in Singapore with the opening of two additional Pandamart XL stores. These new locations, situated in Kallang and Yio Chu Kang, have been established to meet the increasing consumer demand and will provide a wider variety of products.

    Understanding the Change in Consumer Behaviour

    Bhavani Mishra, the Managing Director of Foodpanda Singapore, shared that they have noticed a shift in how their customers in Singapore are shopping. Shoppers are becoming more intentional, planning their purchases meticulously, spending wisely, and doing bulk shopping in one go. The new Pandamart XL stores have been specifically designed to cater to these changing needs.

    Expanded Product Range

    Pandamart XL stores are characterized by a larger product range, around 30 per cent more than their regular stores. This increased product assortment includes not just everyday items, but also specialty imported goods and locally popular items. This is designed to offer customers more options and better value while retaining the convenience they have come to expect from Foodpanda.

    Quick-commerce and Its Evolution

    Axelle Guibert, the Director of Quick-commerce at Foodpanda Singapore, elaborates that quick-commerce has moved beyond just being about convenience. It has become a part of the daily shopping rhythm in Singapore. With their new Pandamart XL stores, Foodpanda aims to deliver both scale and speed, offering customers a wider selection and better value, all in proximity to their homes.

    Foodpanda currently operates three Pandamart XL stores. The company utilizes hyperlocal demand trends for effective stock planning. This ensures that each store’s inventory is tailored to meet the specific needs of its surrounding neighbourhood.

    Questions & Answers

    What is Foodpanda’s recent development in Singapore?
    Foodpanda has recently opened two more Pandamart XL stores in Kallang and Yio Chu Kang, Singapore.

    What distinguishes Pandamart XL stores from regular stores?
    Pandamart XL stores offer 30 per cent more products than regular stores, including specialty imported goods and locally popular items, providing customers with more choices and better value.

    How does Foodpanda plan its inventory for the Pandamart XL stores?
    Foodpanda utilizes hyperlocal demand trends for stock planning, ensuring that each store is tailored to meet the specific needs of its surrounding neighbourhood.

  • Foodpanda opens 150th Pandamart cloud grocery store

    Foodpanda opens 150th Pandamart cloud grocery store

    Foodpanda has launched its 150th Pandamart in Asia and prides itself as Asia’s largest grocery cloud store with a network rolled out across 40 cities.

    Pandamart, an on-demand service primarily to deliver groceries and household essentials, leverage technology, and data intelligence for its accessibility, variety, and speed. From determining its location to the products carried in each store and inventory are arranged within the space for maximum picking efficiency, so groceries and household essentials can be efficiently packed and delivered to consumers within 25 minutes.

    Foodpanda Director of New Verticals, Abhishek Sahay shared,“Launching 150 pandamart across 40 cities in the midst of a pandemic was no easy task, but foodpanda realized the critical importance in bringing our consumers what they really needed quickly and safely, especially during times of movement constraints,” he noted.

    In Malaysia, pandamart became an essential service when the Movement Control Order (MCO) went into effect earlier this year, with grocery orders increasing by almost 70 percent in the single month of January 2021. Recognizing the importance of supporting local food producers, pandamart worked with local partners to source more than 60 percent of products in Malaysia, offering consumers with more locally SMEs produces and a local grocers.

    To meet fast-changing consumer needs and preferences, foodpanda has invested to grow quick commerce offerings. Beyond its core food delivery vertical, foodpanda is accelerating the rollout of pandamart and foodpanda shops in partnership with retailers, to offer consumers greater convenience, speed and variety.

    Currently, Foodpanda covers eight markets in Asia includes Singapore, Malaysia, Thailand, Taiwan, Hong Kong, Bangladesh, Pakistan, and the Philippines.

    “Now that we’re operating in eight markets, our goal in 2021 is to take pandamart into more cities within our existing markets, plus launch pandamart in all 12 operating markets by the end of 2021,” Abhishek commented.

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