HappyFresh

HappyFresh

Online grocery delivery service in Malaysia

About HappyFresh

Simplify's Rating
Why HappyFresh is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Government & Public Sector

Financial Services

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$77M

Headquarters

Jakarta, Indonesia

Founded

2014

Overview

HappyFresh provides an online grocery delivery service in Malaysia, allowing customers to shop for groceries from local supermarkets and specialty stores without leaving their homes. Customers can browse a wide selection of products, including fresh produce, dairy, household items, and specialty goods, through the HappyFresh website or mobile app. Once an order is placed, personal shoppers handpick the items to ensure quality and freshness before delivering them directly to the customer's doorstep. Unlike many competitors, HappyFresh partners with a diverse range of stores, offering a vast selection of products tailored to various customer needs. The company's goal is to provide a convenient and efficient grocery shopping experience for busy professionals, families, and anyone seeking hassle-free shopping.

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Simplify's Take

What believers are saying

  • Increased demand for online grocery services boosts HappyFresh's growth potential.
  • Quick commerce trend offers new service model opportunities for HappyFresh.
  • Partnerships with local farmers enhance supply chain resilience and product offerings.

What critics are saying

  • Kroger's eCommerce expansion may impact HappyFresh's market share.
  • DoorDash's DoubleDash service could attract customers away from HappyFresh.
  • TaniHub's $66 million funding strengthens its position as a competitor in Indonesia.

What makes HappyFresh unique

  • HappyFresh offers a simplified grocery shopping experience with trained personal shoppers.
  • The company operates in Indonesia, Malaysia, and Thailand since 2015.
  • HappyFresh delivers freshly handpicked groceries to thousands of doors daily.

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Funding

Total Funding

$77M

Below

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Office meals and snacks

Generous leaves and holidays

Self-growth and improvement

Compensation and rewards

Shopping discounts

Hybrid working environment

Social events and team trips

Healthcare and wellbeing

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -1%
PYMNTS
Sep 22nd, 2022
Kroger Boosts eCommerce Efforts; DoorDash Drives Sales With DoubleDash

Kroger is making moves to boost its position in eCommerce across grocery and prepared meal categories, while DoorDash sees growth in its grocery business.

HappyFresh
Jul 18th, 2022
Happyfresh launched HappyFresh Supermarket on Jul 5th 22'.

HappyFresh formally introduces HappyFresh Supermarket to the local media and public at Kuala Lumpur.

DealStreetAsia
Mar 17th, 2022
MetroMart Technologies, Inc. invests into TaniHub Group in $66M

Indonesia’s TaniHub raised the largest funding in the online grocery category with its $66 million Series B round, followed by competitor HappyFresh ($65 million) and Philippine firm Metromart ($30 million).

The Finery Report
Feb 21st, 2022
Bananas At Large, Inc. received financing of $1M in initial funding on Feb 14th 22'.

Bananas announced last week that it just secured an initial funding of $1 million.

Bendigo Advertiser
Aug 2nd, 2021
HappyFresh receives award gold medal

Indonesia had never won a gold medal in women's doubles, an event China has previously excelled in.

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