QR-code rivals Mr Yum and me&u to merge in major shakeup to Australian restaurant-tech sector

Australian table-ordering powerhouses Mr Yum and me&u have agreed to merge, joining forces as a downturn in consumer spending rattles the venture’s restaurant and cafe clientele.

Mr Yum and me&u, who have battled each other for dominance in the QR-code table ordering market since both companies launched in 2018, on Thursday confirmed an all-stock merger.

The deal is set to combine Melbourne-based Mr Yum and Sydney’s me&u into an entity covering over 6,000 venues in Australia, New Zealand, the UK, and USA.

Kim Teo, Mr Yum co-founder and CEO, will take the CEO role in the combined venture, while Stevan Premutico, me&u’s founder, will serve as non-executive director.