Tag Archives: ‘Foodpanda is shifting away from grow-at-all-costs model’

KARACHI: Foodpanda Pakistan is shifting away from its grow-at-all-costs business model amid a worldwide slowdown in venture-capitalist (VC) funding for ecommerce startups. Speaking to Dawn in a recent interview, Foodpanda Pakistan CEO Muntaqa Peracha said the company with a dominant market share in the last-mile delivery segment is now actively seeking the “high-quality consumer” who isn’t “focused on arbitrage”. “We …

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