Compare for best price with Pricepanda launched its price comparison website in Malaysia and Singapore. After two months of an open-beta, the service is now fully available and is providing a fast growing catalogue of products, prices and merchants. Now, online user can save money easily by using the Pricepanda state-of-the-art price comparison engine. The startup is powered by Rocket internet, the largest and most successful international online venture builder.

Founder Christian Schiller: “We are very happy to bring out the first online price comparison model to Malaysia and Singapore. We had an encouraging beta-start and very positive responses from local merchants and consumers. We are convinced that Pricepanda is going to be the market leading comparison website within a short time period.”

Pricepanda is going to rollout its service into more countries very soon and will add additional merchants as well as product categories successively. During the first weeks of operations in Malaysia and Singapore, Pricepanda already cooperates with a significant amount of top local online electronic retailers such as Shashinki, Challenger, Fotokem, Mobile Megamall, Youbeli, Mobile88, Lazada and Cresdo. At the same time the number of quality products on the site just in Malaysia has grown into over 2000 individual items. Currently, the product catalogue is focused on consumer electronics, with mobile phones, cameras, computers, software, TV, video and audio.

Since Pricepanda has in short time managed to establish a very strong relationship with large number of top merchants with a large number of quality products, such as the new iPhone 5. Pricepanda is therefore offering a Pricealert service for its customers making sure, that the new apple product will be available for them on the first day possible at the best price.

Co-founder Matti Rönkkö: “We want to make sure that customers get an exceptional shopping experience from Pricepanda. We have received feedback from our user base that they would like to have the top products accessible in even easier way and therefore we decided to give them the possibility to get the new iPhone in best price without searching and queuing”

Pricepanda employs 20 people and has representatives in Malaysia and Singapore. The company is supported by Rocket Internet, the largest and fastest growing online incubator and accelerator. Rocket has been building online companies since 1999 and has created over 100 market leading companies in 40+ countries, dozens of which have been exited successfully – for example Groupon International, eBay Germany, global e-commerce leaders like Zalando, and many others. The founders behind Rocket were also early investors in Facebook, LinkedIn, and Zynga.

How it works ? gathers the different prices of the same product from various e-commerce websites such as Cresdo, Mobile MegaMall, Mobile 88, spider88, youbeli and whymobile.

Users can also register for the PriceAlert.