You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Eatigo

From EverybodyWiki Bios & Wiki


Eatigo
File:Eatigo Logo.png
Type of site
E-commerce
Available in4 languages
List of languages
Founded2013 [1]
Headquarters,
No. of locations13 (2019)
Area served
Founder(s)Michael Cluzel, Judy Tan, Siddhanta Kothari, Pumin Yuvacharuskul
IndustryInternet
Services[2]
Websitehttps://eatigo.com/
Alexa rank103,873 (May 2019)[3]
CommercialYes
RegistrationRequired
Launched2014
Current statusActive

Eatigo is a restaurant reservation service that offers time based discounts over standard menu pricing. Founded in 2013[4] by entrepreneurs of diverse nationalities (French, Singaporean, Indian and Thai). As of May 2017, the company has seated over 4 million people at 1,000 restaurants across the Southeast Asian region.[5][6]

History[edit]

The company was founded by telco professionals Michael Cluzel, who is the group CEO; Siddhanta Kothari, who is the CFO; and Judy Tan, who is Director, who met while working together in Cambodia with Millicom International Cellular; and Entrepreneur Pumin (Louis) Yuvachruskul,[7] who is the CEO for Thailand.[8]

Founded in 2013[9] and launching a website initially in Thailand in June 2014[8] with the aim "to help restaurant owners and management in connecting empty stomachs to empty tables".[10] An app version for Android and iOS was launched soon after in July 2014.[11] After capturing over 95% market share in the online table reservation market in Thailand,[8][12] operations were launched in Singapore in February 2015.[8]

After raising over $10 million through a series B round investment From TripAdvisor in October 2016,[13][14] via TripAdvisor's global restaurant reservation brand, TheFork,[15] operations were launched in Malaysia in March 2017[16] and Hong Kong in May 2017.[17] In Hong Kong, Eatigo broke even after just six months of operation.[18]

After acquiring competitor Ressy[19][6] Eatigo launched in India in July 2017[20] and operations were also launched in the Philippines in July 2017.[21] The Philippine business turned a profit in four months.[18]

In July 2018, Eatigo received an undisclosed sum[22] in "pre-series C"[23] investment once again from Tripadvisor,[24] bringing the total funding raised to over US$25M to date.[25]

In January 2019, Eatigo launched in its 7th country, Indonesia.[26]

Information[edit]

For users[edit]

Users of the site are provided a per-centage discount on their food bills.[27]

Eatigo also has a mobile application available in Apple's App Store[28] and Google Play,[29]

For restaurants[edit]

Founder and CEO Michael Cluzel has described Eatigo as the 'anti-Groupon', as Groupon delivers the majority of customers at peak hours, while Eatigo aims to deliver 90% at off-peak hours.[30][31]

Markets[edit]

Eatigo is currently available in the following countries and cities:

Funding[edit]

To date, Eatigo has undergone three rounds of funding, first in December 2015[32] with Series A investor PlanB,[6] a publicly listed media company in Thailand.

They received backing from American travel site TripAdvisor for their Series B funding,[33] bringing their total funding to date to US$15.5 million[34] and again received a 2nd round of funding from TripAdvisor in July 2018.[23]

References[edit]

  1. https://eatigo.com/th/bangkok/en/about-us
  2. https://www.bangkokpost.com/lifestyle/social-and-lifestyle/630896/yielding-dining-excellence
  3. . Alexa Internet Traffic, Demographics and Competitors https://www.alexa.com/siteinfo/eatigo.com Traffic, Demographics and Competitors Check |url= value (help). Retrieved 29 May 2019. Missing or empty |title= (help)
  4. "Eatigo: Connecting Empty Dining Tables with Empty Stomachs". Harvard Business Publishing.
  5. "How eatigo Has Disrupted the Food Space with its Win-Win Exportable Business". Ecommerce IQ.
  6. 6.0 6.1 6.2 "TripAdvisor Led Follow-on Funding Round In Eatigo Bringing The Total raise So Far To $25 Mn". Inc42.
  7. "หนุ่มไฟแรงผู้ปั้น Eatigo แอพฯจองร้านอาหารอันดับ 1 ของเอเชีย 'ภูมินทร์ ยุวจรัสกุล'". Hello!.
  8. 8.0 8.1 8.2 8.3 "After creating a monopoly in Thailand, will Eatigo's 'never pay full price' model wow India?". Daily Hunt.
  9. "Eatigo aims to build on success by going 'deep and wide' this year". The Nation.
  10. "Bangkok chosen as launch pad for Eatigo app". The Star.
  11. "New restaurant discount app launched in Bangkok". Travel Daily Media.
  12. "PHP Tech Lead job at Eatigo Singapore Pte Ltd Thailand". Startup Jobs Asia.
  13. "Southeast Asia's Eatigo lands $10M+ from TripAdvisor for its discount restaurant service". Techcrunch.
  14. Arshad, Ajani (June 2017). "INVESTMENT THESIS FOR TRIPADVISOR, INC. (NASDAQ: TRIP)" (PDF). Studies in Applied Finance: 15.
  15. "TripAdvisor's first SEA investment is Thailand-based startup Eatigo". e27.
  16. "EATIGO LAUNCHES IN MALAYSIA, DISRUPTS RESTAURANT INDUSTRY". Digital News Asia.
  17. "Restaurant reservation app eatigo hits Hong Kong". South China Morning Post. Retrieved 2017-12-07.
  18. 18.0 18.1 "Eatigo mobile app offers diners discounts to eat at odd times". Today Online.
  19. "Restaurant reservation app Eatigo acquires Ressy, enters India". VC Circle.
  20. "Restaurant reservation platform Eatigo forays into India". Forbes india.
  21. "Connecting empty stomachs to empty tables". Inquirer.
  22. "TripAdvisor infuses more money into Southeast Asia's online restaurant reservation startup Eatigo". e27.
  23. 23.0 23.1 "Eatigo books fresh funding as TripAdvisor doubles down on investment". Tech in Asia.
  24. "Restaurant booking startup Eatigo chows down ~$10M more from TripAdvisor". Tech Crunch.
  25. "Reservation Platform Eatigo Closes Pre-Series C Round - Raised Over US$25M Funding To Date". Vulcan Post.
  26. "Bookings Made Easy: Restaurant Reservation Platform Eatigo Arrives in Indonesia". Jakarta Globe.
  27. "Eatigo: A handy mobile app for restaurant bookings in Bangkok and Pattaya". ThaiVisa.
  28. "eatigo on the app store". Apple App Store.
  29. "eatigo – discounted restaurant reservations". Google Play.
  30. "Yielding dining excellence". Bangkok Post.
  31. "Eatigo CEO: Call us the 'anti-Groupon' startup". CNBC.
  32. "Off-peak restaurant booking startup Eatigo raises series A funding". Techinasia.
  33. "Tripadvisor dishes out series B to Eatigo to 'connect empty stomachs with empty tables'". Tech in Asia. Retrieved 2017-12-07.
  34. "Eatigo raises Series B investment from TripAdvisor! as total funding hits USD $15.5M". Techsauce. Retrieved 2017-12-07.


This article "Eatigo" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Eatigo. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.