SingTel announced in a press release today that it is acquiring GTW Holdings, the owners of HungryGoWhere, Singapore’s most visited foodie site, for S$12M (US$9.4M).
The site, which was started in 2007, has a presence in Hong Kong, Malaysia, Vietnam, Cambodia, and Australia. Under the terms, GTW will become a wholly-owned subsidiary of SingTel. It will merge operations with inSing.com, another SingTel subsidiary with an audience of two million customers.
With the purchase, SingTel claims it has the largest food and lifestyle audience in the island state.
GTW’s Singapore-based founders will play a crucial role in growing SingTel’s services in Singapore and beyond. Read more
I don’t know about you, but sometimes it just irks me, as a consumer, that group buying restaurant offers on daily deal sites usually come with a bill limit. You pay $10 for $20 value, but you cannot combine vouchers in a single bill. And since restaurant meals with two or more people usually cost much more than $20, as much as you want to use your three vouchers to get 50% off the entire bill, you can’t. HungryDeals‘ new eCode system allows you to do that. Read more