• Their largest amount of revenue comes from the commission of the restaurants they tie-up with.
• According to the words of the CEO of Foodpanda Indian Branch Mr. Saurabh Kocchar, “Foodpanda earns 40% of its revenue from delivery business“.
• The display ads connected with the CPM, allows Foodpanda to earn a 10% profit. Normally, it charges advertisement fee for pages served, ads unit served per page, redirecting to pages.
• When a user orders food from the website of Foodpanda, then 5-10% of the total price of the ordered food is given to the company.
• The company also generates revenue by selling it’s customers habits to the market researchers.
• Another revenue model that the company focuses on is making a new entrepreneur sit in each country, who use global standards that can help improve that market.
• They mainly focus on changing user behavior.

People can search for restaurants that deliver food to their addresses using Foodpanda’s app. After choosing the restaurant, users can select their meals which are added to the transaction cart. Once the meals are finalized, people can check out their cart and pay via online payment gateways or through cash-on-delivery.

Once the order is confirmed, a notification goes to the restaurant. Every restaurant that partners with Foodpanda gets access to a ‘merchant app’. The restaurant confirms the order and prepares the customer’s meal.

As soon as the order is confirmed by the restaurant, a ‘delivery signal’ is sent to all delivery partners via Foodpanda’s ‘delivery partner app’. The partner who accepts the request (delivery signal) is entrusted with the responsibility of delivering the customer’s food.‌‌

The delivery partner arrives at the restaurant to pick up the prepared meal and delivers it to the customer. ‌‌Customers can track the entire process right from food preparation to delivery on Foodpanda’s app/website.

Foodpanda was acquired by Delivery Hero for $500M on Dec 10, 2016. This deal was done in Cash.

Foodpanda India has raised a total of $23.8M in funding over 2 rounds. Their latest funding was raised on Aug 30, 2016 from a Series A round.

Doordash — the online food delivery leader in the U.S. and a pioneer of the platform-to-consumer model.
Uber Eats — the most widely available service. Six continents!
Just Eat — the UK food delivery leader, it is also a part of Brazilian delivery giant iFood.
Grubhub — the app that controlled over 50% of U.S. online food deliveries in 2018.
Postmates — the app that is under Uber Eats’ control since 2019, takes 10% of U.S. online food deliveries.

The design development process can be roughly divided into three stages:

• Development of the layout — 25 hours: visualization of what your application will look like.
• The embodiment of design — 45 hours: coding, working with images, photos, videos, and texts.
• Design testing of technical and conceptual levels — 22 hours: user experience and usability.

The cost of developing a food delivery app like FoodPanda depends on several factors.

Location of the App Develop Company
Experience of the App Developers
Complication of the App Design
Number and Level of App Features
App Platform You Choose (Android/iOS/Hybrid)
Type of App Development: Clone or Custom App Development
All these factors could lead your food delivery app development cost anywhere from $25,000 to $100,000 or even more.

Logically thinking if you do buy our app and you want to customize it, there is no better team than ours to do it for you since we have developed all the underlying base code.

We have the biggest range of pre-built business applications in the market that cover several business models. We built all these products with the sole aim of reducing time to market and cost to market for our customers.

On average it costs over $100,000 to build most of these products that we have, so using them as a base to build your customized business idea will definitely bring your costs and time down significantly.

Most custom software development companies pitch you a full project plan to develop a product from scratch, a process that might take months and cost you pot loads of money, where-as we pull something out from our repotriotire, customize it and voila we have you a product in let’s say 60 days 🙂

In case you do have an idea that is not similar to any of our pre-built products we can surely develop something totally custom, from scratch for you. We will try to re-use some of the micro-services and reusable software components to do some rapid application development.

We have done this successfully for large corporations who have raised multi million dollars in venture capital funds. Our team comes with a strong technical expertise in a broad range of technologies that cover:

1. API Development – GoLang, Node.JS, Python, Elixir (Erlang)
2. App Development – iOS ( Swift, Objective C) , Android (Java, Kotlin), Flutter, React Native
3. Web Application Development – React.JS, AngularJS 9.0, Next.JS, Vue.JS
4. Data Science & Analytics – Apache Kafka, Apache Spark, Apache Flink, Hadoop
5. Blockchain- Hyperledger
6. Desktop Application – Electron JS

The major costs involved for running applications of such nature are as follows:

1. Server costs for hosting the API’s and Database – A decent configuration on AWS / Azure / Google / Digitalocean will cost you anywhere between $150-$200/month.
2. Content Delivery Network – Apps such as these require the content to be delivered seamlessly with low latency and low bandwidth consumption. We use a CDN to ensure we are doing image / video transformations to maintain content quality at different network speeds and different devices.
3. Text messages for verification codes – We generally use Twilio for sending text messages. The price for this depends on the country and can be tracked here @ https://www.twilio.com/pricing.
4. Transactional emails – We generally use services like Sendgrid, Mailgun or Amazon SES for sending transactional emails. All these services usually have a free tier that should hold good for new apps.
5. SSL – We secure all our apps via a Wildcard SSL certificate that secures all sub domains for a particular domain name. This is important for security. A pretty affordable place to get one will be here @ https://www.ssl2buy.com/alphassl-wildcard.php
6. Cloudflare – We use Cloudflare as a firewall and also often to manage the domain. It has a free tier and that usually is good enough. If under attack like maybe a DDOS attack , Cloudflare can prove to be a pretty solid first layer of defence.
7. Google Map API – We use google map api’s for tagging locations with a post and also for sharing locations inside the chat. A google map API key with billing enabled is required to use this service.
8. Apple Developer Account – An apple developer account is required to host the app under your name. An account costs $99/year. Individual accounts are pretty easy to create but if you need the app to show under your company name then you will need to apply for a company account and that requires a DUNS number that you will need to first acquire to get listed as a developer with apple. Follow steps here @ https://learn.buildfire.com/en/articles/477266-how-to-create-an-apple-developer-account-and-enroll-in-the-program
9. Google Play Developer Account – A google play developer account is required to host an app under your name / your company’s name on the Android play store. This costs $25 one time. You can get a google play developer account here @ https://play.google.com/apps/publish/signup/#EnterDetailsPlace.
10. Domain Name – A domain name is required to host the API’s / website etc. A domain name can be bought from sources like GoDaddy etc. Price of a domain name really depends on its availability etc.