Foodpanda and TADA sign strategic partnership MOU in Asia
Users in Singapore and Cambodia can enjoy savings and loyalty rewards on both platforms
SINGAPORE - Media OutReach - 20 April 2023 - foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, blockchain-based ride hailing platform, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

“Partnering with foodpanda marks another exciting phase for TADA’s growth across the region. After seeing a rapidly growing user base in Singapore, and being one of the most downloaded apps in Cambodia, this partnership will introduce TADA to a larger community relying on ride hailing and food delivery frequently,” explained Sean Kim, CEO of TADA Mobility.

Currently, foodpanda users in Cambodia can enjoy free rides to locations that are within three kilometres and 50 percent discount codes for subsequent rides. From 1 May to 30 June 2023, foodpanda customers can also use their TADA voucher codes to get discounted rides when commuting to the various SEA Games competition venues. Similarly, TADA users enjoy a 50 percent discount when ordering food, groceries and more using foodpanda.*

“Over time we look to expand the benefits that customers enjoy, making our platforms the most preferred option for their everyday needs,” added Sean Kim, CEO of TADA Mobility.

“We expect that our partnership will only grow stronger as we continue to tap on each other’s networks and leverage our complementary services, offering customers the added convenience for all our customers across Asia Pacific,” said Jakob Angele, CEO of foodpanda.
https://www.media-outreach.com/news/sin ... u-in-asia/

Visa Partners with TADA to Promote Cashless Payment and Sustainable Mobility in Cambodia
AKP Phnom Penh, May 03, 2023 --

Visa, a world leader in digital payments, on May 2 announced the official launch of its collaboration with ride-hailing service TADA in Cambodia to bolster awareness of cashless payment and Visa’s suite of digital payment solutions.

One hundred of TADA’s electric tuk-tuk will be in vibrant Visa blue and will feature the Visa and TADA logos along with artistic cityscapes and Cambodian iconography, said a Visa’s press release, adding that the back of the green energy tuk-tuk will also feature a large QR code for customers to effortlessly download TADA’s ride-hailing app.

According to the same source, Cambodians are rapidly adopting digital payments, enjoying convenience and security, and Visa offers solutions to successfully navigate this burgeoning digital economy. The Consumer Payment Attitudes Study 2022 by Visa showed that while cash is still the most common form of payment, 68 percent of respondents said they use QR codes via mobile phone to make payments, up from 12 percent just two years earlier, and three out of five Cambodians use QR payment at least once a week. Contactless cards are quickly becoming the payment method of choice in Cambodia, especially among the younger generations, as consumers seek out fast, secure and convenient transaction experiences.

“Cashless payments are becoming increasingly popular in Cambodia, especially among Millennial and Gen Z consumers in urban centres such as Phnom Penh and Siem Reap, who tend to be digitally savvy, love travelling and have a keen preference for eCommerce and new shopping experiences. They are also well-informed and care deeply about the environment,” said Ms. Ivana Tranchini, Visa Country Manager for Cambodia. “We are thrilled to partner with TADA to raise awareness of all the benefits of going cashless and how Visa can provide solutions for all their payment needs. As a pillar of the digital economy, Visa seeks to use its network to empower individuals, businesses, and economies to prosper.”

TADA, which has amassed more than 1 million users since it launched in 2018, entered the Cambodian market in 2019 with its zero-commission ride-hailing app, and last year, TADA’s parent company, Singapore-based MVL Foundation, introduced its e-tuk-tuk to the Kingdom. TADA drivers earn 100 percent of their fare as the company does not charge commissions from drivers. Thanks to this zero-commission policy, TADA has been able to expand rapidly in Singapore, Vietnam, and Cambodia. According to MVL’s 2022 annual report, as of the end of 2022, the number of bookings in Cambodia increased more than four times from the end of 2021 while the number of drivers increased more than three times.
In full: https://www.akp.gov.kh/post/detail/277161