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Startup Model – Restaurant Discovery & Reservations

THE MODEL: A platform for users to find and reserve restaurants in a city. Restaurants profiles have complete details about it, its location, a reservation tool and reviews by customers.

STARTUP: Chope (Singapore startup)

restaurant reservation app

WHAT I LIKE

Core Idea – A clear and simple solution for users, i.e. restaurant discovery and reservation tool.

Clean Interface – The app is extremely clean and easy to use. Discovery apps need to have an interface which is user friendly.

Successful Business Model – Chope has a business model which as been successful with other startups in this space. It charges restaurants a monthly fee for the booking software and also a cut for every diner sent through the app.

CONCERNS

Competition – Several startups in the same space with the same model have scaled up all over the world. Without a significant differentiator, the startup will face competition in scaling up in different geographies.
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Location: Singapore

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