The Ledger
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DeCruz: Maynuu makes 10,000 MYR monthly in Malaysia, $500–$800 in Singapore
“So in Malaysia, we're doing a average 10,000 ringgit per month. And in Singapore, we're doing an average of five to 800 dollars a month.”
DeCruz: Only about 10% of Maynuu restaurant signups are daily active
“So I think only about 10% are active users, and what we mean by active is they're getting daily sales.”
DeCruz: Cold Instagram DMs and word-of-mouth drive Maynu's customer acquisition
“So currently the one that works best is cold outreach. I do a lot of cold DMS on Instagram. And but apart from that, it's a lot of word of mouth referrals from people that I know, my friends and people that have signed on, they tell other people as well.”
DeCruz: Maynu charges an 8% platform fee on all restaurant transactions
“We take a percentage platform fee. On the, on every transaction. So it's eight percent.”
DeCruz: About half of Maynu's 8% fee goes to Stripe
“About half of that goes to Stripe. Well, we don't make very much.”
DeCruz: Maynuu has about 1,800 signups across Malaysia and Singapore
“So we've got about 1800 signups across two countries.”
DeCruz: Maynuu's average restaurant order ticket is about $80
“So the ticket average is about 80 dollars per restaurant.
Yeah, but I don't have a full thing.
Yeah.
Sorry.
Per month.
No, per order.”