Foodpanda global Chief Executive Ralf Wenzel. His company will axe 18 Hong Kong staff as it restructures. Photo: SCMP Pictures

Reality bites: meal delivery company Foodpanda lays off 15 per cent of its Hong Kong staff

Company entered local market in 2014 and expanded its presence with two acquisitions last year

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Foodpanda global Chief Executive Ralf Wenzel. His company will axe 18 Hong Kong staff as it restructures. Photo: SCMP Pictures
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