Indonesian online food ordering service Klik Eat raises funds from Japanese firm
January 12, 2013 by Terence LEE
Klik Eat has announced yesterday that it has received an investment from Yume no Machi, a JASDAQ-listed Japanese firm that operates online food ordering service demae-can.com, which lists more than 11,200 restaurants in Japan. Terms of the deal were undisclosed.
Following this investment, Rie Nakamura, president of Yume no Machi, and Masateru Kaneko, its Financial Accounting Manager, will join Klik Eat’s board of directors. The founders, Michael Saputra, Andrew Pangestan and Willy Haryanto, will continue to assume control of the site.
Launched in January 2012, Klik Eat enables customers to order food online, by phone, or using instant messaging services. So far, it has sent IDR 1.8B (USD 185K) to its 175 restaurant partners in the span of a year.
One of Klik Eat’s competitors is FoodPanda, a well-funded food ordering service by Rocket Internet that operates in 9 countries in Asia. Room Service Deliveries is also a major player: It operates in Indonesia, Malaysia and Singapore, and recently merged with Dealguru to consolidate its services.
Japanese firms have been actively investing in Southeast Asia in 2012, and it looks like this trend is set to continue this year. GREE Ventures, GMO Venture Partners, CyberAgent Ventures, and Global Brain are just some of the companies that have made advancements into the region.
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Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE