[Link has bad language] Imagine a guy who sells his product… say a pizza… for $24. Now imagine someone selling his own product for $16, for an $8 loss, to compete with him. Doordash did exactly that to this guy out there. In a crazy ploy, the pizza restaurant owner decided to leverage in on that, making himself a small amount of profit. He ordered 10 pizzas, made $75 back, and then decided to add pizza dough for delivery…. and played around with the idea of buying his own raw materials from himself to use on his own pizzas… for a profit. Yes, it was an experiment, but it was something that leveraged a broken system… broken by design to undercut his own delivery services.
It’s possible to win arbitrage opportunities in DoorDash. This pizza restauranteur netted profits buying his own pies from DoorDash.
Found at www.theverge.com
