The famous online restaurant guide Zomato has bought two restaurant guide provider, such as Czech Republic’s Lunchtime.cz and Obedovat.sk of Slovakia. In this deal the Zomato has to pay near about $3.35 million. By this deal it is clear that the Zomato is expanding its business area and will offer more option of food to its users. The latest acquisitions are a strategic move to establish Zomato’s presence in the central and eastern Europe, according to the company’s statement.
At this moment the founder and the CEO of the Zomato Mr Deepinder Goyal has said that –
[quote]”Together Zomato, Lunchtime, and Obedovat will be able to build the largest resource of restaurant information in the Czech Republic and Slovakia.” [/quote]
They also said that [quote]”We are looking to infuse a further $2.5 million into our operations in the Czech Republic and Slovakia over the next couple of years,” [/quote]
Zomato had early last month acquired New Zealand-based eatery discovery service provider menumania.co.nz for an undisclosed amount. The Zomao is first time started in 2008 by Deepinder Goyal and Pankaj Chaddah, and now this Indian app Zomato is provides information about over 2,50,000 restaurants across 15 nations.
Whereas the Lunchtime Founder and CEO Igor Treslin said that-
[quote]”We’ll be able to combine our local expertise and focused product offering around lunch menus, with the technology and rich content platform that Zomato brings to the table,”[/quote]