Zomato acquires Italian restaurant search service Cibando

Starts 3rd October

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Zomato acquires Italian restaurant search service Cibando

MUMBAI: Zomato, a restaurant search service already present across 20 countries, has acquired Italy's leading restaurant search service Cibando.

 

Cibando will soon be integrated with Zomato, and over the next few months, users will be able to use Zomato for all major cities in Italy.

Zomato founder and CEO Deepinder Goyal said, "Cibando is one of the largest restaurant search services in Italy. Their existing traffic and user base will give us a great start as we launch Zomato in the country. And we love the Cibando team – I think we have a lot to learn from them about the local market. The entire Cibando team is joining Zomato and will lead the effort of building the business in Italy. We are really excited to be joining forces with them as we focus on being Italy's -- and the world's -- go-to restaurant search service."

Cibando founder and CEO Guk Kim said, "Zomato has been expanding at a rapid pace, and we're excited about being part of that journey. Together, we will be able to offer detailed information for even more restaurants to our users in Italy and beyond, while also helping restaurant businesses connect and engage with customers effectively."

"Our immediate focus will be on integrating Cibando into Zomato, and on building the most comprehensive restaurant search service for the Italian market. We will also scale up our teams in Rome and Milan to 30-40 full-time employees in the next three months." Goyal added.

This is Zomato's fifth acquisition in the recent months. Zomato acquired MenuMania in New Zealand, Lunchtime in Czech Republic, Obedovat in Slovakia, and Gastronauci in Poland recently.