Archives
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ALL DEALS June 24, 2017 The Food & Fashion Fest: Get FLAT 40% Off on Foodpanda & Up To 50% Off* on Jabong
By: Loknath DasThe mid weekday is back with the hunger on striking fashion trends and relative discounts that cannot be measured on a scale of anticipation. Wednesday became special as Foodpanda is offering Up to 40% Off* on their Foodpanda App and fashion moody Jabong is offering Up to 50% Off* on its phenomenal brand products. Let’s […]
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ALL DEALS September 1, 2016 Rocket Internet-Backed Foodpanda Turns Profit in 2 of Its 3 Regions
By: sristy SahaRocket Internet-Backed Foodpanda Turns Profit in 2 of Its 3 Regions Foodpanda has become profitable in two of its three operating regions, Central and East Europe and the Middle East, with profits in Asia a function of how quickly it can grab market share, its chief executive said on Tuesday. The emerging markets food delivery […]
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NEWS March 16, 2016 Foodpanda fires over 500 employees, will stop own delivery in six cities
By: sristy SahaIn 2014-15, Foodpanda recorded a loss of Rs36 crore, on a revenue of Rs4.8 crore. Photo: Ramesh Pathania/Mint Mumbai: Online food ordering start-up Foodpanda India has laid off close to 500 employees, according to two people aware of the development. The layoffs ordered on Monday covered all business segments—sales, marketing, vendor service, customer delight, business […]
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NEWS March 11, 2016 The link between Capricorn eServe and former Foodpanda MD Rohit Chadda
By: sristy SahaA file photo of Rohit Chadda. Documents in Mint’s possession show that Capricorn’s story started in February 2015 when Chadda decided to set up the company as a partnership firm. Photo: Ramesh Pathania/ Mint Mumbai: A follow-up investigation by Mint into the lapses and frauds at food-tech start-up Foodpanda has revealed that the former managing […]
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ALL DEALS March 1, 2016 Foodpanda changes India strategy in revival bid
By: sristy SahaFoodpanda, which until now has been driven by technology developed at its headquarters in Berlin, has also started to build its products locally. Photo: Ramesh Pathania/Mint New Delhi/Mumbai: Online food ordering company Foodpanda is revisiting its India strategy by outsourcing delivery and is also looking to start its own kitchen, a comparatively higher-margin business, as […]