Startup Venuerific buys Singapore's wedding venue marketplace Wedever, eyes regional growth
IN a bid to tap the wedding market, event venue marketplace startup Venuerific has acquired Singapore-based online marketplace specialising in wedding venues, Wedever, for an undisclosed amount.
Wedever, started by National University of Singapore business graduate Nicholas Koh, provides a platform for those planning weddings to find venues within their budget without the need to call prospective wedding venues separately.
Wedever also provides semi-crowdsourced price per person estimates for users.
Following the acquisition, Wedever will function as a separate entity under Venuerific. The latter plans to expand Wedever to other markets in South-east Asia in 2019.
Said Venuerific's co-founder and chief executive officer Ricardo Sentosa: "We have steadily built a strong foothold in the events industry by being able to provide the accessibility to unique venue spaces for corporate and social events. With the acquisition of Wedever, my team and I are looking forth to venturing into this promising wedding industry and making it a more hassle-free journey for couples to host their special day as well as enlarging the boundaries of wedding venues."
Share with us your feedback on BT's products and services
TRENDING NOW
Stocks to watch: CapitaLand Ascott Trust, Keppel Infrastructure Trust, iFast, ESR Reit, First Sponsor
Indonesia says gas export cuts to Singapore remain within contract terms
If Europe goes to war, the fallout will be felt in East Asia
Government to bring forward raising of retirement age, give employers more financial support to create flexi-load jobs