• About Us
  • Advertise
  • Archives
  • Contact Us
  • Internet Speed Test
  • Smartphone Prices
Tuesday, January 26, 2021
Tech Pilipinas
  • Home
  • Gadgets
  • Mobile
  • E-commerce
  • Social Media
  • Internet
  • Telecoms
  • Business
  • Government
  • Tutorials
  • Deals
  • More
    • Apps
    • Blogging
    • Emerging Tech
    • Fintech
    • Giveaways
    • News
    • Security
    • WordPress
No Result
View All Result
  • Home
  • Gadgets
  • Mobile
  • E-commerce
  • Social Media
  • Internet
  • Telecoms
  • Business
  • Government
  • Tutorials
  • Deals
  • More
    • Apps
    • Blogging
    • Emerging Tech
    • Fintech
    • Giveaways
    • News
    • Security
    • WordPress
No Result
View All Result
Tech Pilipinas
No Result
View All Result

Filipino Startup BigDish Raises P120 Million in London IPO

The restaurant reservation startup raised $2.3 million after going public at the London Stock Exchange

Luis Reginaldo Medilo by Luis Reginaldo Medilo
August 7, 2018
in Startups
0
BigDish
1
SHARES
325
VIEWS
Share on FacebookShare on Twitter

A Philippine-based startup raised a significant amount of cash in its recent initial public offering (IPO) at the London Stock Exchange. BigDish, which offers deals and discounts at partner restaurants through its online reservation platform, raised $2.3 million (P120 million) during the IPO.

BigDish will use the money to finance its expansion, boost its brand, sign up more restaurant partners, and improve its online platform.

The startup was founded in October 2016 by two expats in Manila, Joost Boer and Aidan Bishop. The company now has 25 employees and has already raised funding from angel investors. It also has branches in Hong Kong and Jakarta, Indonesia. BigDish counts IHOP, California Pizza Kitchen and Motorino as among its partners.

“In my younger years, I had a job washing dishes in a restaurant. On a Friday night, I’d pretty much work myself in the ground while on a Tuesday the chef might send me home because there was not enough work to do,” Boer said in an interview with E27.

“Imagine this situation from a restaurant’s point of view where on one night there are lines in front of your restaurant while on other nights the place is 90 percent empty. It is an obvious inefficiency to which BigDish offers an obvious solution, and it’s a problem I’m personally passionate about due to my past experiences,” Boer added.

Joost Boer
BigDish co-founder Joost Boer

“How we see it, restaurant reservation apps are still scratching the surface of the surface in Asia and there is a massive blue ocean opportunity which we are looking to tap,” Boer explained. “By the end of 2018, we look to partner with a total of 400 partners [in the Philippines]. Our aim is to add a great offering of big restaurant groups as well as independents.”

BigDish uses yield management to provide lucrative deals and discounts to customers. Through this strategy, customers can dine at partner restaurants during off-peak hours and take advantage of discounts ranging from 10 to 50 percent. Yield management is widely used in the hotel and airline industries to increase revenues.

Boer said that the decision to go public in the London Stock Exchange is because of Aidan Bishop’s access to capital in London and his familiarity with the British IPO process. The company is also planning to launch in the United Kingdom.

BigDish is available through its website and as Android and iOS apps.

Tags: AndroidBigDishiOSmobile app
Don't Miss An Article!
Sign up for our free newsletter and get updated every time we publish a new article. We work very hard to bring you the latest in the Philippine and global tech scene.
We will not share your email address. We really hate spam!
Previous Post

20,000 Units of the Huawei Nova 3i Sold in Just 1 Day

Next Post

OPPO F9 Specs Leaked: Helio P60 Processor, 25MP Selfie Camera, 3500mAh Battery

Luis Reginaldo Medilo

Luis Reginaldo Medilo

Luis is the founder and editor of Tech Pilipinas. He is passionate about technology and how it can change the world for the better.

Related Articles

Business

ZEN Rooms Launches Founders Philippines Program to Support Young Entrepreneurs

October 8, 2019
Startups

Ayala to Launch $150 Million Venture Capital Fund for Promising Startups

April 29, 2019
Connected Women
Startups

Job Matching Startup, Connected Women, Recognized at UN-Level Awards in Geneva

April 22, 2019
Voyager Innovations
Fintech

PLDT’s Voyager Innovations Raises $40 Million (₱2 Billion)

November 26, 2018

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

NBI Clearance Online Application and Registration Step-by-Step Process

February 23, 2020
mobile number prefixes

The Complete List of Mobile Number Prefixes in the Philippines 2021

January 24, 2021
how to get a TIN number

How to Get a TIN Number Online Using the BIR eReg Website

July 20, 2019
Palawan Express rate

Palawan Express Rate Table for 2021

January 24, 2021
enye

How to Type the Enye Letter (ñ) on Your Computer or Laptop

April 17, 2020

How to Transfer Money Online from BDO to BPI and Other Local Banks

88
how to get a TIN number

How to Get a TIN Number Online Using the BIR eReg Website

58

How to Setup and Configure the Xiaomi Mi WiFi Repeater

29

Globe at Home Prepaid WiFi Review and Setup Guide

22

How to Enroll in Landbank iAccess (LBPiAccess) Online Banking

20

How to Type the Degree Symbol (°) on Your Computer or Smartphone

January 24, 2021

GCredit Guide: How to Use GCredit to Shop and Pay Your Bills

January 23, 2021

Complete List of Smart Unli Call and Text Promos (Smart UCT Promos)

January 22, 2021

How to Know Your BDO Account Number

January 20, 2021

Complete and Updated List of ZIP Codes in the Philippines

January 19, 2021

Recommended

What Are DNS Servers and What Are the Benefits

May 15, 2019
PhilHealth MDR

How to Get Your PhilHealth MDR Online

May 25, 2019
Grab

Grab to Offer Lending and Insurance Services

March 13, 2018
Weebly

Square to Buy Website Builder Weebly for $365 Million

April 27, 2018

Complete List of TM EasySurf Promos

August 12, 2020

Latest Smartphones

  • Vivo V20 SE Vivo V20 SE ₱15,999.00 ₱13,999.00
  • Vivo V20 Vivo V20 ₱19,999.00
  • Realme 7i Realme 7i ₱9,990.00
  • Samsung Galaxy M51 Samsung Galaxy M51 ₱19,990.00
  • Xiaomi Mi 10T Pro 5G Xiaomi Mi 10T Pro 5G ₱24,990.00
  • Xiaomi Mi 10T 5G Xiaomi Mi 10T 5G ₱19,990.00
Facebook Twitter Instagram Youtube Pinterest RSS

About Us

Tech Pilipinas is the Philippines’ digital lifestyle blog that focuses on the latest news and updates from the world of technology, computers, electronic gadgets, startups, mobile apps, social media, and many more.

For any inquiries or business proposals, e-mail us: [email protected].

Get it on Google Play

Browse by Category

  • Apps
  • Blogging
  • Business
  • Computers
  • Deals
  • E-commerce
  • Emerging Tech
  • Entertainment
  • Events
  • Fintech
  • Gadgets
  • Gaming
  • Giveaways
  • Government
  • Internet
  • Interviews
  • Mobile
  • News
  • Reviews
  • Security
  • Social Media
  • Software
  • Startups
  • Telecoms
  • Tutorials
  • WordPress

Popular Tags

Android Facebook GCash Globe Google Huawei Lazada mobile wallet online banking online payments online shopping PayMaya PLDT Samsung Shopee Smart smartphone SSS WiFi Xiaomi

Copyright © 2017-2021 Tech Pilipinas. All Rights Reserved. Disclosure Policy | Disclaimer | Privacy Policy

  • Home
  • Categories
    • Apps
    • Blogging
    • Business
    • Computers
    • Deals
    • E-commerce
    • Emerging Tech
    • Gadgets
    • Gaming
    • Giveaways
    • Government
    • Internet
    • Interviews
    • News
    • Reviews
    • Security
    • Social Media
    • Software
    • Startups
    • Telecoms
    • Tutorials
    • WordPress
  • About Us
  • Archives
  • Advertise
  • Contact Us
  • Internet Speed Test
  • Smartphone Prices