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House of Fruitas acquires Foodpanda’s kitchen equipment to accelerate its own Fly Kitchen (cloud kitchen) business

Manila, Philippines – Through its wholly-owned subsidiary, Fly Kitchen Inc., leading food and beverage community store and kiosk operator Fruitas Holdings Inc., listed on the Philippine Stock Exchange under the symbol “FRUIT,” purchased top-notch cloud kitchen equipment which were formerly owned by Foodpanda, a well-known leader in food delivery services in more than 40 countries across 5 continents. The Company’s dedication to superior quality and creativity in the cloud kitchen market is expected to be accelerated by this strategic initiative.

The dedication to pushing the limits of gourmet experiences and a passion for culinary artistry have been repeatedly displayed by Fly Kitchen through the various brands it had established such as Hatid Pinoy, Jade Express, Kanin at Sabaw, and more. The Company is prepared to expand its capabilities with the acquisition of the culinary equipment which Foodpanda previously utilized.

With the advanced kitchen technology, Fly Kitchen is now able to expand its menu with new methods, processes, and flavors. The use of cutting-edge equipment allows the company to streamline every aspect of its operations, from food preparation to presentation, resulting in even higher service and product quality. Additionally, the advanced kitchen equipment will give Fly Kitchen the freedom to experiment with new recipes which will excite the taste buds of its loyal consumers and new customers. Finally, the kitchen equipment will open the door for the company to collaborate with and prepare third-party brands which would fit well with its present cloud kitchen operations.

“We are pleased to announce this tactical purchase of top-quality kitchen equipment from Foodpanda. This decision reflects our dedication to providing outstanding gastronomic experiences to our patrons,” said Mr. Lester Yu, Fruitas Holdings President and Chief Executive Officer.

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