Foody

Founded in 2012 and based in Ho Chi Minh City, Foody. vn specializes in providing a platform for discovering and booking dining experiences, catering to both locals and tourists in Vietnam's culinary landscape. Foody. vn operates as a food tech platform that connects users to dining experiences in Ho Chi Minh City.

Founded in 2012, it has seen significant investment growth, with its latest funding round of USD 64 mn secured in July 2017 from Sea Limited and other notable investors. The company has completed five deals to date. The founders, Artak Avetisyan, Edmond Mironica, Guillaume Clerens, Harel Aizenberg, and Minh Dang, have experience in various sectors, contributing to the company's trajectory. Foody.

vn provides a comprehensive platform for discovering and booking dining experiences across Ho Chi Minh City. Its mobile application allows users to explore numerous restaurants, cafes, and food delivery options, featuring user-generated reviews, images, and ratings. The platform enables users to search by location, cuisine type, and reviews, while also facilitating online reservations and food delivery, enhancing user access to quality dining establishments tailored for locals and visitors alike. For the year 2023, Foody.

vn reported a revenue of USD 170. 83 mn along with an EBITDA of USD 23. 47 mn. The company generates revenue through service fees and partnerships with restaurants, where commissions are earned on orders placed via the platform, supporting its extensive network of dining options.

Foody. vn aims to utilize its recent funding to enhance its product offerings and expand into new markets. The company is focusing on developing new features within its platform to improve user engagement and streamline dining experiences. Plans are in place to broaden its geographic presence beyond Ho Chi Minh City, targeting other major urban areas in Vietnam by 2024.

The funding acquired in July 2017 will support these initiatives, ensuring sustained growth and market penetration.