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After Swiggy, Zomato launches advance order scheduling

YourStory

YourStory · 8m ago

After Swiggy, Zomato launches advance order scheduling

Food delivery platforms Zomato and Swiggy continue to enhance their services with new features. Zomato has introduced an Order Scheduling feature, allowing customers to plan food deliveries up to two days in advance, with options for rescheduling and cancellations. Swiggy had previously introduced a similar service called Scheduled, which allows users to pre-order meals within specific delivery slots. Both platforms aim to optimize order flow and enhance user satisfaction. Additionally, Zomato has launched Group Ordering, which simplifies ordering for groups by creating a shared cart. The platforms are also actively pursuing fundraising efforts. Zomato plans to raise around $400-500 million, while Swiggy aims to raise Rs 3,750 crore.

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Zomato Launches Developer Platform For PoS Partners

Inc42 · 10m ago

Zomato Launches Developer Platform For PoS Partners

Zomato is launching a new developer platform that will allow partners to test their APIs in real-time, reducing development cycles. The platform will provide an integration guide and technical documentation to support scalable product development. This announcement follows Zomato's recent launch of a food expense management platform for businesses and an order scheduling feature on its B2C app.

Now, Zomato Launches Order Scheduling Feature

Inc42 · 10m ago

Now, Zomato Launches Order Scheduling Feature

Zomato has launched a new feature that allows users to schedule their food orders up to 2 days in advance, provided the order value is above INR 1,000. This feature is initially available in select cities including Delhi NCR, Bengaluru, and Mumbai, among others, and will be expanded to cover all orders in the future. This move by Zomato follows the recent closure of their intercity delivery service, Legends.

Zomato Shares Rally Over 4% As HSBC Raises Target To INR 330

Inc42 · 9m ago

Zomato Shares Rally Over 4% As HSBC Raises Target To INR 330

- Zomato's shares rose by over 4% after HSBC maintained a 'buy' rating on the stock. - HSBC highlighted Zomato's lead over Swiggy in terms of growth and profitability in the food delivery and quick commerce sectors. - Zomato's stock has surged by more than 122% year-to-date, outperforming the Sensex which has gained less than 13% in the same period. - According to HSBC, Swiggy trails behind Zomato in terms of active user base, gross order volume, and order frequency growth. - Swiggy is preparing for an IPO while Zomato has already gone public.

Zomato Launches New Feature For Customers To Tip Kitchen Staff

Inc42 · 1y ago

Zomato Launches New Feature For Customers To Tip Kitchen Staff

Zomato has launched a new feature that allows customers to tip the kitchen staff of restaurants they order food from. After rating their order four or five stars, customers will be prompted to tip the restaurant's kitchen staff. They can choose to pay a percentage of the total order value or enter a custom amount, with a maximum cap. Zomato will remit the tips, after deducting taxes, to the restaurants that sign up for the feature. The platform aims to ensure fair distribution of the tips by having restaurants pledge to follow through.

Swiggy, Zomato may soon hike platform fee more to ₹10-15: Report

Hindustan Times

Hindustan Times · 1y ago

Swiggy, Zomato may soon hike platform fee more to ₹10-15: Report

Swiggy and Zomato may soon increase their platform fee to ₹10-15 per order, Business Standard reported citing restaurants listed on the food delivery majors. This comes after the firms hiked their platform fee to ₹6 per order in key markets like Bengaluru and Delhi. "The platform fee is definitely going to increase further," a source cited by the report said.

Zomato launches feature to show users their cumulative order count on app

Economic Times

Economic Times · 1y ago

Zomato launches feature to show users their cumulative order count on app

Zomato now allows users to see the total number of orders they have placed on the app after their latest order. The food delivery platform's gross order value in the March quarter reached Rs 6,569 crore, with an average of 19 million monthly transacting customers. Zomato plans to continue its growth by focusing on customer-first principles and creating value for all stakeholders. The company has recently introduced various features, including priority deliveries, pay later option, and a dedicated fleet for large orders. Zomato reported a fourth consecutive quarter of net profit at Rs 175 crore.

Swiggy hikes platform fee to ₹10

Inshorts · 8m ago

Swiggy hikes platform fee to ₹10

Swiggy has increased its platform fee to ₹10 per order. The food delivery company first introduced the platform fee of ₹2 in April last year and the current increase reflects a 400% hike since then. Swiggy's move comes after rival Zomato increased its platform fee from ₹7 to ₹10 ahead of the festive season.

Amazon launches marketplace fee, excludes Q-com offering Amazon Now

YourStory

YourStory · 1m ago

Amazon launches marketplace fee, excludes Q-com offering Amazon Now

Amazon India has introduced a flat Rs 5 marketplace fee on all orders to cover growing operational costs, similar to Flipkart's Rs 3 fee last year. Exclusions apply to Amazon Business, Amazon Bazaar, Amazon Now, digital purchases, payments, and gift cards. This move aligns with the trend of quick commerce and food delivery platforms like Swiggy and Zomato, which charge a flat fee to boost profitability amid high order volumes and sector cash burn.

Zomato, Swiggy hike platform fee by 20% to Rs 6 per order

Economic Times

Economic Times · 1y ago

Zomato, Swiggy hike platform fee by 20% to Rs 6 per order

Food delivery giants Zomato and Swiggy have raised their platform fees in key markets such as Bengaluru and Delhi. Previously charging Rs 5 per order, the two platforms have increased the fees to Rs 6, a 20% increase. Both companies have been experimenting with higher platform fees to boost their revenues and profits. In addition to platform fees, Zomato and Swiggy also charge handling fees for their quick commerce arms - Blinkit and Swiggy Instamart.

After Zomato, Swiggy Hikes Platform Fee To INR 10 Per Order

Inc42 · 8m ago

After Zomato, Swiggy Hikes Platform Fee To INR 10 Per Order

Swiggy has increased its platform fee on its food delivery service from INR 7 to INR 10 per order, following a similar move by Zomato. This comes as Swiggy looks to optimize its revenue ahead of its planned initial public offering (IPO).

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