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  1. pmaitra

    The trouble with Foodpanda

    So, basically, this is a stupid business model of Food Panda full of loop holes and lacking verification, and therefore, Food Panda has gone into financial troubles. That is the gist of this whole issue.
  2. pmaitra

    The trouble with Foodpanda

    You are not getting it. Look below: Buyer ($100) ~ Middleman ($0) ~ Seller (food) Transaction takes place with 10% commission. Buyer (food) ~ Middleman ($10) ~ Seller ($90) Ok, so this makes sense. Now, let's get to this Food Panda thingy, where buyer = seller. Buyer (Rs. 300) ~...
  3. pmaitra

    The trouble with Foodpanda

    Ok, I understand what you are saying, but the math doesn't make sense to me. I pay Rs. 300 to Food Panda. I receive Rs. 528 from Food Panda. So, where did that balance Rs. 228 come from? If Food Panda is keeping a commission, then Food Panda has to receive an amount. However, Food Panda is...
  4. pmaitra

    The trouble with Foodpanda

    The article is very confusing. Even more confusing is this in the article: What on earth is this supposed to mean?
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