M&A

Taiwan’s FunNow takes a bite out of SEA with merger

September 14, 2023
Image from FunNow

Check out Taiwan’s FunNow! They’re an instant booking app that lets you book lifestyle experiences like hotel stays, massages, manicures, and table reservations on short notice. 

  • They just merged with Thailand-based Eatigo, a restaurant booking app.

⌚ Join the FunNow

Before that, they acquired TABLEAPP, a Malaysian startup that helps restaurants manage their tables and reservations as well as a Taiwanese family activity booking platform, Niceday. 

  • Aside from Taiwan, they’re currently active in Japan, Hong Kong, Malaysia, and Thailand!
  • Last 2021, FunNow closed a $15M Series B co-led by Perfect Hexagon Commodity & Investment Bank and Ascendo Ventures.

💅 How it works

Don’t know what to do during the weekend? Find out where the fun is with the FunNow app. 

Book manicures, takeaways, karaoke bars and catering, nightclubs, and more! 

  • Bye-bye phone calls—book everything online! 

🍣 Book with Eatigo

Founded in 2013, this startup helps more than 4K restaurants book customers during off-peak hours for almost 50% off!

  • They’re currently active in Thailand, Hong Kong, Singapore, Malaysia, and the Philippines with 5M users. 

👀 Give us the deets

Eatigo is now a key shareholder in the FunNow Group, while their CEO, Michael Cluzel will join the board. 

FunNow CEO TK Chen says the merger will double FunNow’s revenue. It would also give them a better economic scale while keeping operational costs low. 

  • The FunNow and Eatigo apps will continue to operate separately, but their operations will be combined.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.