Two of Australia’s leading food and restaurant technology start-ups are looking at merging, with Melbourne-based Mr Yum and Sydney’s me&u engaged in negotiations about creating one company.
Both start-ups have built businesses around food ordering with QR codes and payments, attracting backing from leading figures in Australian restaurants and global venture capital firms. Mr Yum is backed by investment giant Tiger Global, while me&u’s investors include pub baron Justin Hemmes and chef Neil Perry.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
Aaron Weinman is a correspondent at The Australian Financial Review who covers investment banks, private equity firms and the broader capital markets. Connect with Aaron on Twitter. Email Aaron at aaron.weinman@afr.com
