As reported in Tech in Asia, 5 April 2016 by Michael Tegos. More details can be found here.
Singapore-headquartered restaurant reservation startup Chope has acquired Indonesian counterpart MakanLuar, the company announced today. The value of the deal is undisclosed. The acquisition was made with a mix of cash and shares, although Chope co-founder and CEO Arrif Ziaudeen does not reveal the percentage of each.
Through the deal, Chope adds Jakarta, Bandung, and Bali to its portfolio, bringing the cities it’s active in to eight. It’s been operating in Singapore, Bangkok, Hong Kong, Shanghai, and Beijing.