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Home»Tech News»Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp – DailyTech
Tech News

Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp – DailyTech

August 15, 2022No Comments3 Mins Read
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Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp – TechCrunch
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WhatsApp has lengthy transcended its roots as a easy messaging app for pals, and is now a core communication software for companies in search of a direct channel to their clients’ pockets — each actually, and metaphorically. Numerous corporations have turned to the omnipresent messaging app as they construct the very basis of their enterprise, one thing that hasn’t gone unnoticed by WhatsApp’s mum or dad firm.

Certainly, Meta Platforms Inc. — the company megabrand behind Fb, Instagram, Messenger, and WhatsApp — just lately invested in Take App, a fledgling Singaporean startup based by former Fb engineering supervisor Youmin Kim, who left the social community final yr to work on a brand new product that guarantees to bridge the digital hole for small-business house owners in Southeast Asia.

At its core, Take App serves as a simple method for these with little technical know-how to arrange a easy web site to facilitate on-line orders, replete with a buying cart, funds, and a direct connection to WhatsApp for managing and monitoring the ultimate order.

Take App: WhatsApp ordering

Whereas eating places are a central focus for the Take App service, the corporate additionally works with bakeries, grocery companies, magnificence salons, amongst others.

“Our distinctive promoting level is that we let retailers preserve direct WhatsApp conversations with clients,” Kim defined to DailyTech. “Retailers love the concept that they obtain notifications and order particulars immediately in WhatsApp — no different app or login is required.”

On prime of that, Take App is trying to assist companies drive repeat customized by sustaining a database, with assist for creating and sending newsletters (like a “Mailchimp for WhatsApp”) that embrace particular provides or related firm updates.

Take App: Newsletters

Whereas the core Take App service is free, the corporate additionally provides a bunch of premium options which incorporates issues like superior analytics, limitless picture uploads, and customized domains.

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The story to date

Kim initially began Take App as a non-profit to assist small eating places in Singapore settle for on-line orders at the beginning of the pandemic, however he quickly realized there was a major alternative to show this right into a industrial enterprise. In the present day, the corporate claims 1,000 companies have used Take App from throughout 35 completely different markets, although the overwhelming majority are primarily based in Singapore, Malaysia, and Indonesia.

Take App additionally just lately graduated Y Combinator (YC) as a part of the accelerator’s Winter 22 batch, which led YC to spend money on the corporate as a part of a $1 million spherical alongside Meta and an undisclosed listing of angels — this seed funding spherical was quietly closed again in June.

Take App follows within the footsteps of different related startups, resembling Germany-based Charles, which just lately raised $20 million to deliver conversational commerce — and newsletters — to WhatsApp in Europe. It’s inconceivable to disregard the parallels right here, however Kim maintains that Take App is purpose-built for a really particular sort of firm, in a really particular a part of the world — simplicity is the secret.

“In Southeast Asia, WhatsApp is the commonest method to discuss to enterprise, nevertheless it incurs heavy operation prices as staff have to answer a lot of conversations,” Kim defined to DailyTech. “There are ‘western’ CRM options that make this extra environment friendly, however they’re too costly or tough for our retailers. We deal with conventional companies with a digital hole.”

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app DailyTech helps invests Merchants Meta sell Singaporean Startup WhatsApp
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