Business
Society Pass (SoPa) Welcomes Mangan.ph, Philippines’ Leading Restaurant Delivery Service, to Its Ever Expanding Next Generation Digital Ecosystem
SoPa acquires Mangan.ph (“Mangan”), the leading local restaurant delivery service in PhilippinesMangan.ph represents SoPa’s second acquisition in Philippines
About this update from Society Pass Incorporated
[{"type":"text","content":" SoPa acquires Mangan.ph (“Mangan”), the leading local restaurant delivery service in PhilippinesMangan.ph represents SoPa’s second acquisition in Philippines and its third overall F&B acquisition as SoPa continues to expand its digital ecosystem throughout Southeast Asia (“SEA”)SoPa creates a one-stop food delivery solution in Philippines with both its grocery delivery service, Pushkart, and restaurant delivery service, ManganSince its launch in December 2017, Mangan has onboarded over 500,000 registered consumers, over 80,000 social media followers, and over 1,200 registered restaurants as well as generating over 100,000 mobile app downloads onto its platform. Leveraging its +200 rider/driver network, Mangan completes over 800 food deliveries per dayWith this acquisition, SoPa has now amassed over 2.1 million registered consumers and over 6,700 registered merchants/brands onto its ecosystem Singapore, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Society Pass Incorporated (“SoPa” or “Society Pass”) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty platform, today announces the acquisition of Mangan.ph (“Mangan”), the leading local restaurant delivery service in Philippines. Founded in 2017, Mangan delivers restaurant food from over 1,200 partner restaurants through its over 200 rider network to its over 500,000 registered users. Thus far, Mangan has generated more than 100,000 mobile app downloads and accumulated over 80,000 social media followers. Operating in Pampanga, the culinary capital of Philippines, Mangan’s geographic reach extends to 16 other cities including Angeles City, San Fernando, Clark, Dau, Mabalacat, Guagua, Lubao, Tarlac, Bataan, Magalang, Pasig, Cabanatuan, Baguio, Lipa Batangas, Antipolo City, and Dagupan City. The newly acquired business will be integrated into SoPa’s F&B vertical, Push Delivery Pte Ltd, along with Pushkart and #HOTTAB. Despite the recent re-opening of the economy and the easing of multiple restrictions, online home food ordering remains the new normal in Philippines, similar to trends in other parts of the world. The convenience of ordering-in coupled with the work-from-home set-up and continued preference to avoid crowds encourages patrons to order as often as they did during the past two years. Society Pass Philippines Country Manager, Arbie Pagdangan, explains, ...