Business
BigDish UK Strategy Update
BigDish UK Strategy Update.
About this update from Amala Foods Plc
[{"type":"text","content":"\n \nRNS Number : 4074H BigDish PLC 15 November 2018 \n\n15 November 2018\n \nBigDish Plc\n(\"BigDish\" or the \"Company\")\n \nBigDish UK Strategy Update\nBigDish Plc (LON: DISH), a food technology company that operates a yield management platform for restaurants, is pleased to provide a strategy update for both its UK and Asian operations.\n \nHighlights:\n· Commencement of Asian Strategic Review due to informal approaches for acquisition\n· Initial beta period produced positive recommendations\n· New South West UK regional manager\n· Building a launch pad for UK growth in 2019\n· Technology team increased from seven to nine persons\n \nAsian Strategy Update\nSince the IPO the Asian business has grown, seating three times more diners than 12 months ago. Furthermore, the Directors have been approached by more than one Asian technology company on an informal basis regarding the potential acquisition of the Asian business. As such, the Directors have decided to conduct a strategic review of BigDish's Asian business to determine the path to achieving the most value for shareholders. The result of this review is expected in January.\nUK update\nThe Company announced on 1 October 2018 the appointment of Sanj Naha. Mr Naha has made an immediate positive impact on the Company. At present, both BigDish in beta and TablePouncer are operating. The initial beta phase has produced a variety of operational and technology recommendations, which are currently being implemented.\nOne of the recommendations was to upgrade the branding for the UK market. Based on feedback it was decided to alter the branding within the UK app. This branding process has started with a change of logo in the UK and will be implemented over the next couple of months. \nSanj Naha has developed a model for growing the UK business on a per territory basis, in accordance with his previous experience in restaurant reservation and yield management applications.\nThe Company has added a new territory manager to cover the south west and new restaurants are being added to both the TablePouncer and BigDish businesses. The initial focus is to sign up restaurants in Bristol.&n...