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Zomato acquires Italian restaurant search service Cibando

Restaurant search and discovery service Zomato has acquired the Italian restaurant search service Cibando, for an undisclosed amount. The company also said it plans to scale up its teams in Rome and Milan to 30-40 employees in the next three months and make its service available in all major Italian cities in the next few months. It also mentions it has earmarked $6M for expansion in Italy over the next two years. This is Zomato’s fifth global acquisition in the last six months. It had previously acquired Polish restaurant search service Gastronauci in September, while it had acquired New Zealand-based restaurant search service MenuMania in July, and Czech Republic’s restaurant guide Lunchtime.cz and Slovakia’s restaurant guide Obedovat.sk for a combined amount of $3.25 million in August. The company is now present in 20 countries. Founded in 2010 by Guk Kim, Cibando…

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