Would this be wire fraud?
If you leave out the toppings it's definitely fraud.
Doordash doesn't get the pizza they paid for and want to resell.
DoorDash and Pizza Arbitrage (2020)
21–30 of 151 posts
Re: DoorDash and Pizza Arbitrage (2020)
#22> These platforms [Grubhub, DoorDash, Uber Eats] are all losing money. Has this changed? Do all these companies still losing money?
I'm sure they are. Their dev costs have probably gone down since 2020, but I imagine their sales have too. They might even be losing more money now.
Re: DoorDash and Pizza Arbitrage (2020)
#23> These platforms [Grubhub, DoorDash, Uber Eats] are all losing money. Has this changed? Do all these companies still losing money?
Uber made a profit for the first time ever this year after torching billions to accrue market share for fifteen years.
https://www.theverge.com/2024/2/8/24065999/uber-earnings-pro...
Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times.
Re: DoorDash and Pizza Arbitrage (2020)
#24> These platforms [Grubhub, DoorDash, Uber Eats] are all losing money. Has this changed? Do all these companies still losing money?
Uber made a profit for the first time ever this year after torching billions to accrue market share for fifteen years. https://www.theverge.com/2024/2/8/24065999/uber-earnings-pro... Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times.
how are they not making more money off of data? the trip data alone has to be worth millions right? All I see when discussing Ubers profits is the cost of trips and the cost of drivers and how much they spend on marketing and politicians. It seems like theres gaping black hole of all the data they are collecting and it being put to use/sale.
Re: DoorDash and Pizza Arbitrage (2020)
#25> These platforms [Grubhub, DoorDash, Uber Eats] are all losing money. Has this changed? Do all these companies still losing money?
I'm sure they are. Their dev costs have probably gone down since 2020, but I imagine their sales have too. They might even be losing more money now.
Dev is not why they are unprofitable. It is mainly due to COGS (payout to drivers and other direct costs) & sales and marketing aka growth at all cost. Their revenue has not gone down
Re: DoorDash and Pizza Arbitrage (2020)
#26> These platforms [Grubhub, DoorDash, Uber Eats] are all losing money. Has this changed? Do all these companies still losing money?
Uber made a profit for the first time ever this year after torching billions to accrue market share for fifteen years. https://www.theverge.com/2024/2/8/24065999/uber-earnings-pro... Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times.
> Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times.
So here's my dumb question:
What's with all the people that talk or even brag about how much money they make doing ridesharing, food delivery, etc?
Are they just lying?
Are they misinformed, bad at math, etc?
Do 10% of the drivers actually make money, while the rest break even or lose money?
Re: DoorDash and Pizza Arbitrage (2020)
#27Wait what? What's preventing merchants from doing this now? Why even fill the pizza boxes? I must be missing something...
DoorDash created the shop portal with no input from the store, and then put up incorrect prices. If that scenario still exists, they could still do this, but most of the time the store has some kind of deal with DoorDash so they would be responsible for pricing. As for why fill the boxes, technically DoorDash would be the store's customer, so if you didn't give them what was ordered they could press the issue. It'd b…
Doesn’t the driver notice that the boxes weigh almost nothing? Doesn’t he say anything?
If I was driver and the pizzeria handed me empty boxes I’d refuse to deliver and I’d call DoorDash. Ain’t no way I’d take empty boxes to a customer and then have the customer potentially accuse me of removing all of the food they paid for.
Re: DoorDash and Pizza Arbitrage (2020)
#28The driver argued the amount of time it would take to come back to return the bag would mean he couldn’t make enough deliveries to “pay my rent”. There you have it. The actual “business model” of Doordash.
This is common across so many industries now. The number of people stressed by student loans, childcare, and other typical expenses is extreme. It’s easy for someone to appear more productive by having fewer or no kids - but disastrous for the economy in the long run.
How much of the recent US economic growth can be attributed to monetization of public and private balance sheets?
Re: DoorDash and Pizza Arbitrage (2020)
#29Earlier quoted context omitted.
Uber made a profit for the first time ever this year after torching billions to accrue market share for fifteen years. https://www.theverge.com/2024/2/8/24065999/uber-earnings-pro... Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times.
> Having to do it via huge price hikes and screwing drivers makes me dubious about their ability to do so more than a few times. So here's my dumb question: What's with all the people that talk or even brag about how much money they make doing ridesharing, food delivery, etc? Are they just lying? Are they misinformed, bad at math, etc? Do 10% of the drivers actually make money, while the rest break even or lose money…
> What's with all the people that talk or even brag about how much money they make doing ridesharing, food delivery, etc?
Got any examples?
I can think of a few possibilities:
1. I wouldn't put it past a company like Uber to pay to produce propaganda where someone lies about much money you can make driving for them. After all, a steady surplus of naive and enthusiastic drivers is essential to their business model.
2. You might have some schmuck doing that for the for free, by trying to brag about themselves as personally successful on social media (either for ego reasons or just trying to get clicks).
3. I think a lot of the drivers are "misinformed, bad at math." I've read it's pretty common for casual drivers to be totally ignorant of some of the major costs they're paying indirectly (e.g. not factoring in the wear and tear on their car or (more egregiously) fuel costs).
4. Being a rideshare/food delivery driver may be profitable if you're really savvy and have unusual advantages (like you live near a stadium and only drive after a baseball game during maximum surge pricing).
Re: DoorDash and Pizza Arbitrage (2020)
#30Earlier quoted context omitted.
DoorDash created the shop portal with no input from the store, and then put up incorrect prices. If that scenario still exists, they could still do this, but most of the time the store has some kind of deal with DoorDash so they would be responsible for pricing. As for why fill the boxes, technically DoorDash would be the store's customer, so if you didn't give them what was ordered they could press the issue. It'd b…
Doesn’t the driver notice that the boxes weigh almost nothing? Doesn’t he say anything? If I was driver and the pizzeria handed me empty boxes I’d refuse to deliver and I’d call DoorDash. Ain’t no way I’d take empty boxes to a customer and then have the customer potentially accuse me of removing all of the food they paid for.
They didn't send empty boxes, and as that's basically why.