In 2015, Pisces eServices, the promoter of Foodpanda India, had reported losses of Rs 36 crore on the back of revenues of Rs 5 crore. The company is working on a commission model, which stands between 10-25 percent on each order, and “in certain cases, 35 percent”, focusing on delivery times, Foodpanda CEO Saurabh Kochhar told PTI.
Sunday, 19 June 2016
A LITTLE BIT ABOUT FOODPANDA
In 2015, Pisces eServices, the promoter of Foodpanda India, had reported losses of Rs 36 crore on the back of revenues of Rs 5 crore. The company is working on a commission model, which stands between 10-25 percent on each order, and “in certain cases, 35 percent”, focusing on delivery times, Foodpanda CEO Saurabh Kochhar told PTI.
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