Food guide Burpple to get fresh funds of up to US$6m
Singapore
BURPPLE, a digital guide to eating places in Singapore and Kuala Lumpur, has announced that it will receive up to US$6 million in funding from Tembusu Partners, SPH Media Fund and Triumph Capital to strengthen its existing market position and expand into other gourmet capitals in Asia.
Launched in 2012 by three Singaporeans, Burpple is a mobile app and website that helps users decide where to eat based on recommendations from other food lovers and Burpple editors. It will use the funds to enhance its existing features, introduce complimentary dining services, and hire engineers and product development staff as it prepares for a regional roll-out.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
Singapore shares open lower on Friday; STI down 0.1%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
ByteDance prefers TikTok shutdown in US if legal options fail: sources