Food ordering startup Eatsy shutters operations

EATSY, a Singapore-based restaurant ordering and payment startup, has fully ceased operations.

Before it closed down in April, Eatsy had about 20 staff in Singapore and Indonesia. These employees received help in transitioning to other companies, founder Shaun Heng told The Business Times (BT). Mr Heng joined Binance-owned cryptocurrency data firm CoinMarketCap as chief of staff in May.

Eatsy sent out a notification to users of its app in March, informing them that it will stop operating from April 1 and reminding them to redeem their remaining cashback value. The startup said its operations were affected by the Covid-19 pandemic.