Latest Passiontec News
May 17, 2018
Amount: Undisclosed Profile: Founded in November 2018, Passiontec provides ERP services to medium and small restaurant owners. The startup provides apps and hardware to allow customers to place orders and pay online and to help restaurants do precise marketing and improve efficiency. Restaurant review platform Dianping made a strategic investment in the startup in 2015 and Meituan-Dianping, which was created through a merger between Dianping and rival Meituan in 2015, injected over 100 million yuan (over USD 15.7 million) in the startup again in April 2016. The acquisition will help Meituan-Dianping integrate online and offline data and understand more about users’ preference.