Yume no Machi Souzou linkai acquires Klik-Eat
The Japanese company now owns 55.6 per cent shares of Indonesian online food delivery portal Klik-EatBy DailySocial 04 Sep, 2014
Yume no Machi Souzou linkai, the largest food delivery server in Japan, has acquired Indonesia’s online food delivery portal Klik-Eat. It has increased its possession of Klik-Eat’s shares to 55.6 per cent from 19 per cent.
This makes the collaboration of Yume no Machi, IMJ Investment Partners, and a Japan-based private investor control 80 per cent of Klik-Eat’s shares. This new acquisition, however, doesn’t change Klik-Eat’s structure, with Michael Saputra and Willy Haryanto, Klik-Eat’s co-founders, still in the lead.
Yume no Machi will be involved in Klik-Eat’s business operation and management. This actually started with Yume no Machi’s first investment last year, when Yume no Machi’s CEO Rie Nakamura and Finance Manager Masateru Kaneko joined Klik-Eat’s executive board as director and commissioner.
The company said it won’t shut the opportunity of making Klik-Eat its ride to expand in highly prospective Southeast Asian market.
Demae Can, its main service which was established in 1999 and has partnered with 11,000 restaurants, has become the most popular food delivery service in Japan.
Klik-Eat was launched in 2012, as the founders wanted to serve people who want to eat their favourite foods without having to deal with traffic. So far, this Indonesia’s representative at Echelon 2012 has served citizens of Jakarta, Tangerang, and Bandung.