After FoodPanda, PricePanda by Rocket Internet set for imminent launch
May 6, 2012 by Terence LEE
PricePanda, an online price comparison site, will be the next new business from Rocket Internet to land in Southeast Asia, according to Indonesia tech blog DailySocial.
Although the websites are not ready, the company has already reserved domain names for Singapore, Malaysia, Philippines, and Vietnam.
These local partners will contribute their inventory to the comparison engine, which will enable users to compare prices across retailers and then be directed to the partner sites to make payments.
The benefits of such a service to consumers is quicker and more convenient access to information as well as greater price transparency. It is a little similar to what mobile app LobangClub from Singapore is doing, although from the sound of it PricePanda will launch on the web and will focus more on online retailers as opposed to physical ones.
I guess we’ll find out soon.
Check out SGE’s complete coverage of the Samwer Brother’s exploits in Southeast Asia.
Company: Rocket Internet
Rocket Internet is a Berlin headquartered company that is well-known for cloning successful online startups (usually from the US), replicating them elsewhere, and turning them into large, profitable businesses. It is active in Indonesia, Vietnam, Singapore, Malaysia, Philippines, Thailand, Australia, New Zealand, Myanmar, Taiwan, China, Hong Kong, South Korea, Japan, India, and Pakistan.View profile: RocketInternet More articles: RocketInternet
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About The Author
Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE