Pizza Arbitrage

Discussion in 'Wall St. News' started by dealmaker, May 21, 2020.

  1. dealmaker

    dealmaker

    Pizza Arbitrage

    The owner of a U.S. pizza restaurant discovered he was (inadvertently) selling pizzas on the food delivery app DoorDash, and then realized he could make a profit through buying back his own pies. The cause was a fee-waiving system designed to bring in business—at a cost. "You have insanely large pools of capital creating an incredibly inefficient money-losing business model," said the writer who documented the discovery. Margins
     
    zdreg, ducatista, Atikon and 2 others like this.
  2. I read that article earlier :D

    "Was this a bit shady? Maybe, but fuck Doordash. Note: I did confirm with my friend that he was okay with me writing this, and we both agreed, fuck Doordash."
     
  3. destriero

    destriero

    $70 in expenses on a 10-lot?
     
  4. never2old

    never2old

  5.  
    eternaldelight likes this.