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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 fee hiked by Re 1 to Re 3 in October. Q4FY24- Platform fee hiked by another Re 1 to Rs 4 in January. Q1FY25- Platform fee has now yet again been raised by Re 1 to Rs 5 :) .. For about 20L deliveries (avg) Zomato does a day, this translates to what income per quarter? At Rs 2: Rs 36cr At Rs 3: Rs 54cr At Rs 4: Rs 72cr At Rs 5: Rs 90cr! This is crazy good. But, is this trend sustainable? .. How long can you keep shoring up profit growth via this tool? There's definitely a ceiling to this approach. And by the time this strategy saturates, they will surely need other levers to bring in more money. Maybe advertising income will have to shoot up. Or commission income. Or maybe some other new fee? Or a higher degree of cost optimisation? What do you think?
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 MoreEntrepreneur | 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
See MoreFounder of Writo Edu... • 6m
How ATMs Make Money – Let's Find Out! 🤑💸 1. Transaction Fees: When you withdraw money from an ATM, you are charged a certain fee. This fee goes to the ATM operator and is a significant source of their income. 2. Balance Inquiry Fees: Checking yo
See MoreI'm just a normal gu... • 6m
Flipkart may start charging Rs 20 fee on cancelling orders: report Screenshots shared on X indicate that Flipkart users who cancel their orders after a certain time will be charged a Rs 20 cancellation fee. It suggests that the platform will soon p
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Dexter Capital Advisors • 5m
I won’t waste time on old tax regime for two reasons: -> 70%+ income taxpayers had already switched from it by the end of FY24 -> With what’s announced today, it’s anyway dead. One would have to be a fool to stick with it So, what about the News T
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