Question

In December 2017, bought Foodpanda India from its German parent Delivery in a stock deal pegged at about $30 Million, entering a resurgent food-delivery market that has matured and become more competitive.

• A. 01a, Hero
• B. Swiggy, Siemens
• C. Zomato, BOSCH
• D. Uber, Volkswagen

Answer 1

The Correct Option is A

The given information states that in December 2017, a company bought Foodpanda India from its German parent, Delivery Hero, in a stock deal valued at about $30 million. The context suggests this was part of efforts to enter a resurging food-delivery market that had become highly competitive. Understanding the general awareness of the time, it is pertinent to identify which company made this acquisition.

The correct pair, concerning the buyer and the German parent company, is 01a, Hero. This decodes to the Indian company 'Ola' purchasing Foodpanda India from 'Delivery Hero'. Each option follows this format where the potential acquirer is coupled with the German parent organization:

• 01a, Hero: '01a' is a representation of 'Ola', and 'Hero' refers to 'Delivery Hero'.
• Swiggy, Siemens
• Zomato, BOSCH
• Uber, Volkswagen

Among these, 'Ola' and 'Delivery Hero' are aligned correctly, as 'Ola' acquired Foodpanda India from 'Delivery Hero' in the specified deal.