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Sunday, May 5, 2024

Robinhood to the rescue

Rising Star of the Year: SRIHANATH LAMSAM, Managing Director of Purple Ventures Co Ltd, the operator of the Robinhood food delivery platform

A wholly Thai-owned food delivery app, Robinhood was developed to help the “little people” thrive and its managing director, Sriha­nath Lamsam, stands right behind the success of the company.

The platform, developed by Purple Ventures Co Ltd, has been instrumental in keeping afloat eateries and riders driven to their lowest ebb during the toughest days of the Covid-19 pandemic.

The company charges no GP (commission fees normally levied on food vendors by delivery platforms) for food deliveries to spur sales of eateries and food shops that cannot afford to take their business online due to high expenses.

Robinhood introduced a cashless payment method that reduces…

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