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Look at India to see a model that has scaled: https://dailyfintech.com/2017/01/13/9062/ https://dailyfintech.com/2017/01/13/9062/
by bernardlunn 9y ago
Look at India to see a model that has scaled:
https://dailyfintech.com/2017/01/13/9062/ https://dailyfintech.com/2017/01/13/9062/
- firasd 9y agoAs a note, while the dabbawalas are successful, there was a comically excessive food-delivery startup bubble in India around 2015 full of companies that failed similarly. It comes down to the basic issue, I think, that Uber made everyone worldwide excited about the idea of "software eating the world" but you can't wish away the issue of margins and unit costs.
- anindha 9y agoIt works because wages are lower. The delivery cost was much higher than food costs for sprig.