Entrepreneur | ui&ux... • 1y
Food delivery platform Zomato has increased its platform fee for customers by 25% to Rs 5 per order, effective April 20. The fee increase, applicable in key markets including Delhi, Bengaluru, Mumbai, and Hyderabad, is expected to boost the company's earnings. Zomato's rival, Swiggy, already charges Rs 5 as a Platform fee. What are ur thoughts on this will Zomato userbase effected by the new charges or will it boost company earnings?
Mechanical Engineer • 1y
Zomato hikes platform fee for users; pauses these deliveries Zomato hikes platform fee for users; pauses these deliveries Zomato increased platform fee to Rs 5/order in major cities, aiming to enhance earnings. Swiggy charges Rs 5, with some users f
See More•
Dexter Capital Advisors • 1y
There's this crazy pattern about Zomato’s platform fees. And this might be the single most profit-making strategy for its food delivery vertical. Consider this chronology: .. Q2FY24- Platform fee of Rs 2 introduced in August. Q3FY24- Platform fe
See MoreHey I am on Medial • 11m
Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,
See MoreHey I am on Medial • 12m
• Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth ! • Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth. • Goldman Sachs values Blink
See MoreDownload the medial app to read full posts, comements and news.