I can see his pride
Peep through each part of him.
Henry VIII 1.1.68-9, Abergavenny to Buckingham
My pride fell with my fortunes.
As you like It 1.2.242, Rosalind to Orlando
At the start of this year, the rumour mill in Pakistan’s tech-startup scene was rife with one thing and one thing alone – foodpanda CEO Nauman Sikandar Mirza was on his way out. On January 28th, Profit reached out to Mirza asking him whether there was any truth to the rumours. “Hearing it from you. I’m only getting started,” he responded in a message on Whatsapp.
In less than two weeks, on the 9th of February, he announced he was leaving the company in a post on LinkedIn.
In the 11 days between when Profit reached out to Mirza and he announced his resignation, foodpanda’s parent company, Delivery Hero, was actively conducting searches outside foodpanda but within Pakistan’s tech ecosystem to find a new CEO for foodpanda Pakistan. And they weren’t really trying to hide that they were on the hunt.
Despite this, many were caught by surprise at Mirza’s departure from the company. After all, if there is one tech company/startup in Pakistan that has absolutely and always dominated its space, it is foodpanda. Helming this gargantuan effort throughout has been Nauman Sikander Mirza, who in the past seven years has stood as both witness and architect to foodpanda’s acquisition of EatOye, the entry of DeliveryHero into the Pakistani market, the massive growth that foodpanda saw after the onset of the pandemic, and the expansion into groceries that came with PandaMart.
For now, Muntaqa Paracha has taken command as acting Managing Director, and is also in contention to become permanent MD for Pakistan along with foodpanda’s director of new verticals, Ibad Ahmed. While both candidates have stellar profiles with years of experience, sources have also confirmed to Profit that DeliveryHero is still actively reaching out to top executives at tech startups in Pakistan for the soon to be vacant role at foodpanda Pakistan. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
“Thank you for the auspicious write-up. It in fact was a amusement account it.
Look advanced to more added agreeable from you! However, how could we communicate?”
온라인 카지노
j9korea.com