Food Ingredient Cost Management Platform ‘Dodo Cart’ Surpasses 10 Billion KRW in Monthly Transactions

Cumulative Transactions of 50 Billion KRW, Over 226,000 Transaction Statements, and 1.45 Million Food Ingredient Entries Recorded

Spoca, a startup providing solutions for small business stores, announced on the 15th that the monthly transaction amount of its food ingredient cost management platform, 'Dodo Cart,' exceeded 10 billion KRW in March. Photo by Spoca

[Asia Economy Reporter Kim Heeyoon] Spoca, a startup providing solutions for small business owners' stores, announced on the 15th that the monthly transaction amount of its ingredient cost management platform, 'Dodo Cart,' exceeded 10 billion KRW in March.

According to Spoca, Dodo Cart achieved the milestone of having over 40,000 restaurant owners join the platform in less than a year since its official launch in August last year. It was found that over 20,000 stores used Dodo Cart to manage ingredient costs during the month of March alone.

So far, the number of registered transaction statements on Dodo Cart has reached approximately 226,000. Based on this data, the number of ingredient suppliers increased by about 4,000 in March, totaling around 26,000 suppliers. The number of ingredient items secured reached approximately 286,000, with a total of 1.46 million registered ingredient entries.

Dodo Cart is a solution that simplifies the management of ingredient costs, which often involves many expense items and can be poorly managed, through a mobile platform. By simply registering ingredient statements on the app, users can receive free monthly reports that compare and analyze changes in suppliers and key items. According to Spoca, this convenience has driven a monthly average growth rate of 20% in service usage.

Spoca explained that it plans to further improve the Dodo Cart app by enhancing services such as ▲reducing ingredient cost management time ▲searching and viewing cost information by item ▲and providing an overview of ingredient suppliers at a glance.

Choi Jaeseung, CEO of Spoca, stated, “There are virtually no distribution platforms available for restaurant owners who purchase ingredients. In a situation where even discovering new suppliers is difficult, Dodo Cart aims to practically guarantee the choice of small business owners operating in the food service industry as a representative B2B platform in the ingredient distribution market.”

This content was produced with the assistance of AI translation services.