Restaurant Booking Site Chope Raises $2.5 Million Led By Singapore Press Holdings

Chope Raises $2.5 Million Led By Singapore Press Holdings

techinasia.com 16 Mar '13, 5am

Restaurant Booking Site Chope Raises $2.5 Million Led By Singapore Press Holdings

Singapore’s restaurant booking site, Chope , has concluded a US$2.5 million round led by Singapore Press Holdings (h/t TechCrunch ). Singapore Press Holdings (SPH) now owns 27.87 percent (pdf) of Chope, having invested S$1.81 million ($1.45 million). I called Arrif Ziaudeen, the CEO and founder of Chope, who said that there are two other “prominent investors” involved in this funding round who he can’t disclose for now. When asked about why SPH has decided to invest, Arrif told me: SPH believes in the Chope team and want to grow the business. They are investing in us to grow Chope and we definitely hope to work with their food media arm. In Singapore, Chope competes with HungryGoWhere (acquired by SingTel) on the restaurant booking front. Last month, HungryGoWhere claimed to be “Singapore’s leading restaurant reservations service” with over 15,000 restaurants listed. The H...

Full article: http://www.techinasia.com/restaurant-booking-site-chope-r...

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@Techinasia » 18 Mar '13, 4am
Chope Raises $2.5 Million Led By Singapore Press Holdings [link] (In case you missed this over the weekend)
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Restaurant Booking Site Chope Raises $2.5 Million Led By Singapore Press Holdings [link]
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Restaurant Booking Site Chope Raises $2.5 Million Led By Singapore Press Holdings [link]