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Why are Zomato and Swiggy still not very profitable after charging such high commission fees from restrauants?? 🫥

Bharath Mallam

Stealth • 10m

Marketing cost or CAC. They are spending it to acquire new customers.

0 replies6 likes

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Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads. Despite having a good product onecard is spending huge capital to acquire new customers.

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Anonymous
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Or Maybe they are just offering them at lower prices to catch customers

1 replies14 likes
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