August 8th, 2015

Popular Vietnam restaurant ratings website Foody to launch in Indonesia

Foody, a Vietnamese start-up providing online crowd-sourced reviews about local businesses, mostly restaurants and hotels, will launch its website in Indonesia on August 10, news website VnExpress reported Monday.

Dang Hoang Minh, a co-founder, was quoted as saying that after Indonesia his company would expand to some other Southeast Asian countries, possibly Malaysia, Laos, and Cambodia.

The expansion plan was announced not long after Foody received a fourth round of funding since it was founded in 2012.

US’s Tiger Global Investment is the latest investor to pump money into the young company, whose website now boasts around eight million visits a month.

Foody had earlier got funding from Japan’s CyberAgent Ventures and Pix Vine Capital and Garena of Singapore.

But it has not disclosed any of the amounts.

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