Investors drop off $33 million for Chowbus, a delivery service for ‘mommy and pop’ Asian restaurants

by RJ Shara | Jul 22, 2020 | Startups

When big platforms have actually taken big swaths of the shipment market, the very best thing for an upstart company to do is specialize. For Chowbus, that indicated developing a food-delivery company that discovers restaurants whose cuisines specialize in local cuisines from Northern and Southern China, Japan, Korea, Taiwan, Thailand and Vietnam. It’s a strategy that […]
It’s a technique that has now netted the company $33 million in financing led by the Silicon Valley-based investment firm Altos Ventures and New York’s Left Lane Capital. Founded 4 years back in Chicago by Suyu Zhang and Linxin Wen, the business said that its objective was to link individuals with genuine Asian food that’s not easy to find on shipment apps. By removing surprise charges, helping them showcase their finest dishes, and other efforts we make on their behalf, we actually go the additional mile to assist our restaurant partners be successful,” stated Wen, Chowbus’chief executive, in a statementDeclaration”The market is experiencing an irreversible shift from offline to online buying, a trend that Chowbus is actively driving,” said Harley Miller, handling partner at Left Lane Capital. …