Online delivery-only restaurant group in the Philippines
Company was acquired
Event Year: 2021
Company was acquired
Event Year: 2021
MadEats operated as a pioneering online, delivery-centric restaurant group based in the Philippines. Their core strategy revolved around establishing and scaling affordable, high-margin food brands, leveraging a network of strategically located ghost kitchens. This approach allowed MadEats to circumvent the substantial overhead costs associated with traditional brick-and-mortar restaurants, such as expensive dining spaces and extensive waitstaff. By minimizing these expenses, the company was able to allocate greater resources towards brand development, enhancing food quality, and optimizing the overall delivery experience for its customers.
MadEats operated as a pioneering online, delivery-centric restaurant group based in the Philippines. Their core strategy revolved around establishing and scaling affordable, high-margin food brands, leveraging a network of strategically located ghost kitchens. This approach allowed MadEats to circumvent the substantial overhead costs associated with traditional brick-and-mortar restaurants, such as expensive dining spaces and extensive waitstaff. By minimizing these expenses, the company was able to allocate greater resources towards brand development, enhancing food quality, and optimizing the overall delivery experience for its customers.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Consumer
Consumer
Consumer -> Food and Beverage
Consumer -> Food and Beverage
Team size: None
Hiring: No
Team size: None
Hiring: No