Wow! Momo’s Post

🚖 Grab acquires Chope, absorbing its operations in Singapore, Indonesia, and Thailand. 🍽️ Aim is to enhance Grab's omnicommerce strategy and utilize Chope's mature reservations system. 🔄 Chope's employees and brand to integrate into Grab, maintaining their roles aiming for seamless transition. - Want full insights? Subscribe to Tech in Asia to read the entire article.

Zomato has build on the following use cases recently: - Festival Needs - Photo Cakes - Beauty Needs - Live Events (booking tickets) - Delivering large orders Not important for every use case to become big, even if one kicks off, it will be a success. And I am betting on photo cakes, as cake market will grow at a CAGR of 12.5% till 2027. What do you think can become the next big thing for Zomato?

Im sorry but why is it the vendors’ responsibility to be ‘understanding’ or ‘considerate’ or ‘accommodating’ or ‘humane’ when we pay 30+% of our revenue as commission and get yelled at by your riders for preparation time? We are also businesses and we have our own systems and policies and setups. Why is it our responsibility to accommodate your ‘employees’ (cos they dont actually employ them cos they dont wna give benefits) when you don’t even educate them properly. Thats why I say, its all about the marketing strategy.

True Learning Beyond the Classroom Whether you're a manager, founder, or CEO, fieldwork provides a crucial reality check. It offers insights not only into the market but, more importantly, into your work environment and how your own team operates in the field. Key Takeways: 1. Your employees are as valuable as your clients. 2. Often, the problem isn't confined to organizational departments. 3. Conduct R&D to evaluate your strengths and weaknesses. 4. Most importantly, learn from your mistakes and continuously improve. For a deeper dive, check out the insightful article by Aashish Jhunjhunwala Sir. It’s a must-read!

Zomato is launching a new app called 'District' that offers dining, movie ticketing, and event booking services, marking its entry into a broader range of lifestyle offerings within a single platform. Founder and CEO Deepinder Goyal announced the news on social media. "Today, Zomato and Blinkit are our two large consumer businesses, serving customers' needs at home. However, we also have one of India's largest 'going-out' businesses, helping our customers discover restaurants for dining out." Goyal added, "We believe that there is an opportunity to further expand our going-out offering, building on top of our dining-out business. Additional use cases for customers in the going out space include - movies, sports ticketing, live performances, shopping, staycations, etc., some of which we have already launched or are building as we speak," Zomato is now effectively challenging BookMyShow as a competitor, which currently dominates the outdoor booking market in India with a 60% share. #Startuppedia #zomato #deepindergoyal #bookmyshow

Two weeks ago, I was in Bengaluru (where all the cool stuff happens first, right?) and stumbled upon Zepto Café’s 10-minute food delivery. Naturally, I had to try it - because who could say no to Vietnamese cold coffee delivered in under 10 minutes? But beyond the novelty, there’s something bigger at play here. 1. The Changing Face of Food-Tech: In a world where time is money, instant gratification is a key consumer demand. If Zepto Café and the likes can serve a hot meal faster than it takes to brew a cup of tea, it could be a game-changer for those who value speed and quality. 2. Shift in Consumer Behaviour & Willingness to Pay: Not long ago, delivery fees were a hotly debated issue. Today, people are happily paying anywhere between ₹20 to ₹40 for the convenience of fast delivery. This shift indicates that convenience has become a service that consumers are willing to pay for. Brands that balance speed, quality, and a fair price point are set to dominate. And if you can manage to create a seamless, frictionless experience, customers will return. While Swiggy, Zomato, and Blinkit already have the infrastructure to handle large-scale food delivery, the real challenge lies in reducing the delivery time to just 10 minutes. Optimising kitchen efficiency, the supply chain and fulfilment processes will be key. Curiosity got the better of me the next day, so I tried a few dishes (because, why not?). While the Cheese Toast and Samosas weren’t the best I’ve ever had and were decent, the experience delivered on its promise: convenience and speed. But, on the flip side, there’s an important question: Are we sacrificing freshness for speed? Complex dishes typically take longer than 10 minutes to cook, so how will quality and taste hold up? And do we even need 10-minute food delivery? That debate will persist, but this model is likely here to stay. Now, if Zepto could just bring this feature to Noida, I’d be ordering and sipping on that cold coffee, all while writing this! #ZeptoCafe #QuickCommerce #FoodTech #CustomerExperience

BUSINESS IS IN AIR !! Air business growth is Huge & Promising.

This South Indian restaurant gets 7,500 orders daily and makes ₹50 crore a year without Swiggy or Zomato! I'm sure you must have heard of Rameshwaram Cafe by now! It is the first choice of all dosa lovers. But what makes people come here to start their day when the city is filled with many other outlets? Is it their marketing, service, or branding? No. What stands out in Rameshwaram Cafe's strategy is their focus on their one hero product: their outstanding dosas. Instead of having a menu that serves 100 dishes, they focus on enhancing the quality of dosas to make them their speciality. And the same goes for your business. For your business to succeed, you must focus on developing and enhancing your "hero" product instead of introducing a new product every day. Business owners ride FOMO (Fear Of Missing Out) by introducing new products to expand their inventory, but they miss on that one top-notch product that can make their business stand out. So, in reality, you don't have to offer "everything" to your customers. Rather, work on that one product that can: 👉 Give your customers something unique, 👉 Make them buy it again and again, 👉 Position your business as the first choice for that product. That's what a signature product does to a business. When people think of having a Ghee Podi Masala Dosa, Rameshwaram Cafe always comes to their mind. Have you ever been to this viral cafe in Bangalore? If yes, share your experience! #product #business #customers

Grab acquires local restaurant reservation platform Chope, aims to capture more diners in region https://lnkd.in/gyjDERge Acquisition Details: + Grab has acquired Chope, a Singapore-based restaurant reservation platform, for an undisclosed sum. + Grab will take over Chope's operations in Singapore, Indonesia, and Thailand. Grab's Strategy: + Xin Wei Ngiam, Grab's head of deliveries, sees potential in extending Chope's services to Grab's merchant-partner base across the region. + The acquisition aims to bolster Grab's omni-commerce strategy and capture more of the dining out market. + Grab focuses on empowering small and medium-sized F&B businesses with tools to grow and manage their businesses efficiently. About Chope: + Founded in 2011 by Arrif Ziaudeen + Has over 13,000 restaurants in its network and has seated over 35 million diners + Made about US$22.7 million in revenue in 2022, up 31% from the previous year Post-Acquisition Plans: + Chope's brand, app, and website will remain unchanged for now to avoid disruption. + Grab plans to start cross-selling Chope services to its merchant-partners soon. + Chope team will join Grab's offices in Singapore, Indonesia, and Thailand. + Dinesh Balansingam, former Chope regional GM, will oversee the team as Chief Business Officer for Chope. Market Context: + This acquisition follows Grab's previous purchase and relaunch of HungryGoWhere in June 2022. + The move is seen as part of Grab's strategy to strengthen its position in the F&B and lifestyle sectors. Impact on Employees: + No roles in Grab will be made redundant due to the acquisition. + Grab emphasizes the need for strong collaboration between Grab and Chope teams for a smooth transition. This acquisition represents Grab's continued expansion in the F&B sector and its strategy to enhance its services in the dining and lifestyle space across Southeast Asia. #Growth #Acquisition #Dining #Lifestyle #Business #Investment #Singapore #SouthEastAsia I Paige Lim I The Business Times

Grab has acquired Singapore-based restaurant reservation platform Chope for an undisclosed amount. The acquisition will entail Grab taking over Chope's operations in Singapore, Indonesia and Thailand. In addition, Chope's employees will join Grab's offices in Singapore, Indonesia and Thailand in a "couple of weeks", according to an internal email seen by The Business Times. In response to queries by Mothership, a spokesperson for Grab said: "The vast majority of the merchants on our platform are small (and) medium-sized businesses who don’t have the same resources or know-how that big F&B brands have." Hence, the addition of Chope’s products and services will provide more synergies for Grab's merchant-partners, especially in helping them capture "online-to-offline" opportunities, the spokesperson added. Meanwhile, Chope founder Arrif Ziaudeen said that Chope had evaluated potential buyers and found the best fit with Grab. Arrif added that while the company had achieved much, in light of the current "challenging and competitive" market, Chope had decided to seek a partner to help it pursue new opportunities for "sustainable growth". Read more: https://lnkd.in/g8YTUx-R Photos’ credits: Grab/Facebook and Chope/Facebook