Yu.eat

E-Commerce, Food and Beverage, Food Delivery, Restaurants

Author

Peniel Keme Kitoko
May 05, 2024 • Estimated Reading Time: 3 minutes

🌎🌍🌏| Focus Sunday - Belgium

#1 Digital Asian Food Brands In Europe.

  Problem

  • Market Potential: In the middle of economic shifts and pandemic repercussions, restaurants seek innovative revenue streams.

  • Challenge: Existing restaurants struggle to maximize revenue and adapt to digital trends.

  • Lacking Tool: Restaurants lack the infrastructure to tap into the virtual food market efficiently.

    • Extra Barriers: Traditional restaurant models face high costs and fierce competition, which limit growth.

This issue's Startup revolutionizes the restaurant industry with Asian virtual brands.

  Solution

Yu.eat

Yu.eat empowers restaurants with virtual Asian brands, maximizing revenue through digital innovation.

How: Yu.eat optimizes production capacity for partners by integrating virtual brands into existing kitchens.

  • Platform: Leveraging an asset-light model, their platform provides training, marketing support, and ingredients for seamless operation.

  • Target: Partnered restaurants, seeking additional revenue streams without the complexity of traditional expansion.

  • Resolving: Yu.eat addresses the challenge of revenue diversification and costly physical locations through innovative digital solutions.

  Company Info

  • Industry: E-Commerce, Food and Beverage, Food Delivery, Restaurants

  • Business Model: Licensing, B2B

  • HQ: Brussels, Belgium

  • Founding Year: 2022

  • Employee Count: 11-50

  • Investors: WapInvest

  • Funding Amount: €2,000,000

  Traction

  •   Over 250 partner restaurants in Belgium, The Netherlands, and Germany

  •   Rapid expansion with 350+ virtual restaurants within one year

  •   Over 120,000 orders placed

  Competition Advantages

  • Unique approach with virtual Asian brands

  • Asset-light model with integrated support services

  • Rapid growth and market penetration

  Founders

  • Yifeng Yu, CEO (Background in the Asian restaurant industry)

  • Yishen Yu, Co-founder (Contributing to the digital innovation strategy)

  Job Opportunities & Contact

  • Hiring Status: Active

  • Contact Information:

  Why Invest by George

❝

Ooh-ooh-ahh-ahh, Yu.eat gives restaurants more bananas with yummy digital brands!

🐵

- George Capuchinski -

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Peniel Keme Kitoko

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