Thursday, 23 April 2015

Zomato acquires US based NexTable

After acquiring data firm MaplePOS few days back, now India based restaurant listing site Zomato has acquired US based restaurant reservations and table management platform NexTable. Service will soon be renamed as ‘Zomato Book’. Zomato will be taking NexTable technology in three international markets i.e. India, UAE, and Australia. This is the company second acquisition in US after Urbanspoon for $52 Million.
NexTable enables customers to make restaurant reservations online in real time and includes table management and marketing tools for restaurants. Zomato has been focusing on creating a seamless in app-experience for customers, and has been working on moving beyond just restaurant search and discovery, into reservations, online ordering, and in-app cash payments.

Zomato has been aggressively growing its product offering for restaurant business. Adding NexTable and MaplePOS into the fold now enables Zomato to offer POS Solutions, table management and reservation system services to restaurant businesses. It already allows restaurants businesses to update their menus, deals and discounts on a real time basis on Zomato.

The NexTable deals make for a total of nine acquisitions in the past nine months for Zomato. The largest of these was the acquisition of Urbanspoon. Zomato has also acquired dominant local restaurant search players in New Zealand, Poland, Czech Republic, Slovakia, Turkey, and Italy.

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