Calista Sourcing Club

Investment in Singapore-based F&B platform – Chope

May 11, 2022

Calista Direct Investors are proud to announce our participation in the Series E investment in Chope, the Singapore-based restaurant-booking platform. Chope is the largest offline to online Food & Beverage platform in South East Asia. The platform digitally enables restaurant operations, customer engagement and online presence.

Founded in 2011 and currently in seven cities (Singapore, Hong Kong, Bangkok, Phuket, Shanghai, Bali, and Jakarta), Chope has grown consistently over the past 10 years, and despite the effects of COVID-19 on the Food & Beverage industry this past year, are bouncing back stronger than ever. Chope's ecosystem is further enriched by key partnerships with the likes of Google, TripAdvisor, Meituan Dianping, DBS and CapitaLand.

The Leading regional Food & Beverage tech startup Chope recently announced a strategic partnership with Alipay, working together to accelerate digitalisation of F&B businesses across Asia. Alipay, under Ant Group, has made a US$15 million equity investment in Chope in August 2021 and will provide the company with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a wide variety of mini programs quickly and flexibly, enhancing the functionality and scalability of Chope's platform.  

Having seated more than 83 million diners to date, Chope is well-positioned to understand what gets people excited about dining out, and how best to maximise business for our 5,000 restaurant partners.

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