Diners’ app BigDish poised to float on London Stock Exchange at £20m
A mobile phone app that offers diners restaurant discounts at off-peak hours is to float on the London Stock Exchange this week.
BigDish was founded by British entrepreneur Aidan Bishop in Manila, capital of the Philippines, and has expanded across Asia into Hong Kong and Indonesia to work with around 500 restaurants.
As part of its float in London – which is expected to value the company at up to £20million – BigDish is also buying a similar British business called Table Pouncer, which was founded in Bournemouth.
Service: The free app offers off-peak discounts
After the London listing, Bishop intends to expand his business across the UK.
He will compete with established brands such as Taste Card, which offers diners discounts at restaurants including Pizza Express and La Tasca.
BigDish charges restaurants a fee to use the app to offer customers discount rates during quiet hours. The app is free for diners. ‘A restaurant has fixed overheads regardless of whether people come in or not – rent, utilities and staff,’ Bishop told The Mail on Sunday.
‘What we’re looking to do with BigDish is to send people in during quieter periods or off-peak hours when the restaurants most need them.’