Restaurant Discovery App Zomato Acquires Turkey’s Mekanist For Cash

Ho ho ho


Zomato, the Restaurant discovery service which competes with Yelp, has acquired Turkey’s Mekanist. The price was not disclosed but it has been confirmed as an all-cash deal. The move will take Zomato from covering 27,500 restaurants in Istanbul and Ankara to more than over 50,000 restaurants in Turkey.

The move is a sign that Zomato is prepared to take Yelp on in significant international markets outside the US. Just read our previous coverage to see how this company is on a tear to race Yelp around the world.

Mekanist’s content and traffic will now be switched over to Zomato, where restaurants can also now use Zomato’s hyperlocal advertising target customers. The startup was founded by Eren Baydemir and Ali Servet Eyüboğlu.

In a statement Deepinder Goyal, founder and CEO of Zomato, said, “Mekanist has established itself as one of the heavyweights in the online restaurant search and discovery…

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Apple Shipped As Many Smartphones As Samsung In Q4 2014, According To Analysts


It looks like making larger screen smartphones was a good decision from Apple. Fresh off a monster earnings report — including the largest profit of any corporate company in history — Apple sold as many phones as Samsung in the final quarter of 2014.

That’s according to the latest report from analyst house Strategy Analytics, which puts Apple and Samsung jointly top of the pile in Q4 2014 with 74.5 million shipments, that’s 19.6 percent of the market each.

Strategy Analytics only released details of the top four, which is rounded off by Motorola-Lenovo (24.7 million units and 6 percent market share) and Huawei (24.1 million units and 6.3 percent market share).

As for 2014 as a whole, Samsung is top with a near 25 percent marketshare, ahead of Apple (15 percent), Motorola-Lenovo (7.2 percent) and Huawei (5.8 percent).


There are a few important things to take away from these findings.

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