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BigDish mulls future of Asian arm after approaches

The outcome might mean substantially less capital than previously anticipated is required to grow its UK business
restaurant
Fill those empty tables with BigDish app

Table reservation app BigDish Plc (LON:DISH) has received several informal approaches for its Asia-based business, prompting a strategic review of that operation.

The outcome might mean substantially less capital is required than previously anticipated to roll out its UK business.

READ: BigDish launches upgraded app for restaurants

BigDish has developed a ‘yield management' platform, which allows restaurants to offer customers discounts on tables during quiet periods.

Beta testing in the UK is underway with the company now looking to add outlets in Bristol following earlier launches in Bournemouth (where it was known as Tablepouncer) and Bath.

Tablepouncer is being rolled into BigDish, which will be the sole brand for the group once beta testing ends in January.

Sanj Naha was recently appointed to help oversee the roll-out and has developed a model for growing the UK business on a per territory basis.

Joost Boer, chief executive, said: Sanj's experience in the restaurant tech space gained at tech giants such as Tripadvisor and The Fork is proving invaluable as we build the launch pad for aggressive growth in 2019. 

“The UK business will continue to be the prime focus going into next year and will be the value driver for the share price.  

"Given that the UK's largest dining discount card, Tastecard, was acquired for over GBP100m a couple of years ago, it is clearly evident that the UK alone has the potential to deliver significant value for shareholders."

 

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