Mobile App Investment Opportunity in Kuala Lumpur, Malaysia
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | USD 2.5 thousand |
| EBITDA Margin | 8 % |
| Industries | Mobile Apps + 1 more |
| Locations | Kuala Lumpur |
| Local Time | 6:43 PM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
- Online platform & app for food delivery business based in Kuala Lumpur, Malaysia.
- We have around 50 vendors (restaurants, grocery stores, sweet shops) registered with us.
- We have been in operations for the past 2 weeks and we have received 25 orders for food via our MVP website with only RM60 put into marketing.
- On an average, we receive 5 orders per day through our MVP version.
- Our business model works same as Foodpanda. We earn money by charging a 15% commission from restaurants, shops based on the value of the order.
- Our strength is in closing the gaps that Grab and Foodpanda left in terms of the vendors they missed out on and the customers that they could not bring on board. We aspire to creep into that spend one township at a time.
- We are still in the process of developing our app.
- Our assets include software, customer database, vendor list.
- Promoter has worked in a B2B procurement company.
Food delivery services.
We operate from my dorm room and also have a rented 300 sq ft office.
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Earlier than 15 daysFounder CEO, Edutech - Information And Communications Technology, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGlobal IT Technical / Delivery Manager, Retail, Manchester, Individual Investor / Buyer connected with the Business
