Good Foodie Media raises US$52,581 to expand to Singapore
PENANG-based Good Foodie Media raised RM220,000 (US$52,581) from Penang’s i4 SeedFund and angel investors. The company plans to use the fund to expand to emerging market – Singapore.
Good Foodie Media’s channel includes Penang Foodie and KL Foodie which cover food, travel and event guides in the city. The company produces food, event and travel related content in the form of daily food review videos, listicles, event postings, food deals compilations and more.
Founded in 2018, Good Foodie Media Sdn Bhd currently has a presence in Penang and Kuala Lumpur. It plans to expand to three new cities in 2019, including Johor, Singapore and Bangkok. The fresh funds will be used to further strengthen the company’s market presence and its digital content (video and articles).
To date, the company has over 1,000,000 followers across multiple social media platforms.
Combined, Good Foodie Media reaches 30 million individuals in Facebook organically each month.
The company’s content reached 32 million and generated over 16 million video views in November, based on Facebook’s insights tool. Together the websites also reached an all-time-high traffic, close to 850,000 unique visitors in November.
Singapore Foodie’s viewership is also growing rapidly since its debut in December. It reached three million people and has over one million video views in the last 30 days.