Business & Economy Startups Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo

Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo




- Advertisement -

Through its online reservation platform, BigDish offer its users up to 50 per cent discounts at restaurants in Manila, Hong Kong and Jakarta

BigDish, a foodtech company that operates a yield management platform for restaurants in the Philippines, has completed the acquisition of Looloo, a web and app-based restaurant and travel discovery business focused in the country.

BigDish commenced cooperation with Looloo on 19 January 2018 when it acquired its assets in the Philippines.

Looloo’s current staff will be employed by BigDish and continue to help develop the company’s platform in the coming months.

- Advertisement -

Joost Boer, CEO, BigDish, commented: “The Directors of BigDish saw great opportunity in Looloo’s restaurant discovery platform and large user base, which generates revenue through paid for content with low overheads, is approaching break even and has a strong growth potential. There are a number of potential synergies between a discovery platform such as Looloo and the BigDish yield management platform that we will be exploring in the coming months.”

Also Read: This Philippine-based startup is going head-to-head with Eatigo; raises US$2.3M via IPO

Founded in 2012, Looloo is one of the Philippines’ leading platforms in the restaurant and travel discovery space. It provides information, recommendations and reviews on restaurants, hotels and travel in the country. The platform claims to have over 28,000 restaurants recorded, a monthly average of up to 500,000 unique visits, approximately 200,000 app installs and over 320,000 reviews.

BigDish offers dining deals and discounts. Through its online reservation platform, users can enjoy discounts of up to 50 per cent at restaurants in Manila, Hong Kong and Jakarta.

The initial stage of Looloo’s incorporation into BigDish will be to commence marketing the company to Looloo’s current userbase via content and email marketing, with a view to organically driving restaurant bookings in the Philippines through the BigDish platform. Additionally, the BigDish logo and a link to the website will be added to every webpage of the Looloo platform.

Further consideration to enhance the synergies between the Looloo and BigDish platforms continue to be explored, with the prospect of integrating BigDish reservation functions into Looloo’s website and app in due course.

The post Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo appeared first on e27.

Source: E27Follow us on Social Media

Send in your scoops to 

- Advertisement -

Jamus Lim argues for more ‘soft infrastructure’ investment despite Singa Bill focus on ‘hard infrastructure’

Singapore — Workers' Party MP Jamus Lim wants the new Singa Bill to allow investments not only in physical infrastructure but also in human capital. There has been a lot of chatter among the intellectual and policy classes worldwide about investing in...

Couple arrested in S’pore for suspected involvement in baby dumping case

Singapore – A man and a woman, both 25 years old, were arrested by the police for allegedly dumping the body of a newborn in Taiwan in 2019. The police confirmed that the pair were taken into custody on Apr 28 following...

Leong Mun Wai rudely shut down by DPM Heng and Speaker Tan Chuan-Jin

Singapore -- Deputy Prime Minister Heng Swee Keat and Speaker of Parliament Tan Chuan-Jin rudely cut short Non-Constituency MP Leong Mun Wai's questions during the debate on the Significant Infrastructure Government Loan Act (Singa) Bill on Monday (May 10). Mr Leong noted...
Follow us on Social Media

Send in your scoops to