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Home::Regulatory News (RNS)::BigDish UK Growth StrategyBookmark this page
Regulatory News
BigDish UK Growth Strategy
Wed, 8th Aug 2018 07:00
RNS Number : 1088X
BigDish PLC
08 August 2018
8 August 2018
BigDish Plc
("BigDish" or the "Company")
BigDish UK Growth Strategy
BigDish Plc (LON: DISH), a food tech company that operates a yield management platform for restaurants, is pleased to provide a corporate update on its UK growth strategy following the Company's recent Admission and acquisition of Pouncer, a UK-based yield management restaurant booking provider, operating through its mobile app and web-based platform, TablePouncer.
Highlights:
· Acquisition of Pouncer completed at Admission
· BigDish to enter UK through a rebrand of TablePouncer
· Deployment of a three-phase UK launch
o Phase I: Beta launch (a soft launch) of the BigDish app in Bath
o Phase II: Migrate Bournemouth-based TablePouncer restaurants and users to BigDish app
o Phase III: Roll out BigDish app across the UK, with primary focus on regional towns and cities
Acquisition of Pouncer
BigDish completed the 100 per cent acquisition of Pouncer on the day of Admission, 2 August 2018. Prior to the Acquisition, BigDish had been working with Pouncer since January 2018 to redevelop the existing TablePouncer platform and implement the Company's yield management system. This is currently successfully operating in the Philippines, Indonesia and Hong Kong. BigDish's Board sees great potential in TablePouncer. It recorded 126,000 diners in Bournemouth alone in 2017 - up nine per cent year over year - making it the city's leading yield management and restaurant discovery platform.
Growth Strategy
For the foreseeable future, BigDish is set to deploy a three-phase development and growth programme to expand its presence within the UK. The first phase of this programme is set to commence in September 2018 and will see a beta launch of the UK BigDish platform in Ba