Since this potential is still largely untapped, Delivery Hero is confident about its ability to gain a strong position in the market. Eric Wei, CEO of foodpanda Japan, said: "We are extremely excited to launch in Japan. This is a market we have long admired, and the expansion is an important step in making food and grocery delivery accessible to everyone in Asia, offering greater choice, speed and convenience to local consumers and business partners." Delivery Hero, founded in 2011 in Berlin by Niklas Östberg, is currently the largest global food network (outside of China), operating in 40+ markets and over 600+ cities, via a number of local brands. The team has grown into a company with 27K+ person team, with around 1.5K employees in their Berlin HQ alone. Delivery Hero is listed on the Frankfurt stock exchange and became part of the leading index DAX (Deutscher Aktienindex) in 2020. If you're interested in this sector, then you're in luck.