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

india's leading software exporter Tata Consultancy Services (TCS) on friday reported a consolidated net profit of Rs 12,434 crore in the fourth quarter . It was up 9% from Rs 11,392 crore a year ago.

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

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

At avriti we've developed a platform with several key features: - Commission-Free for 3 Months:We charge 0% commission for the first 3 months. Afterward, our commission ranges from 1-8% per order, based on the order value (inclusive of taxes). Lower

What is Avriti Coin? Avriti Coin is a cashback wallet system on our platform where customers receive INR 5 to INR 2,00,000 cashback on every completed order. This cashback is funded from our commission charged to freelancers. Customers can use Avriti

FMCG major Marico shares zoom nearly 10% after Q4 earnings The company’s stock jumped 9.73 per cent to Rs 582.75 on the BSE and zoomed 9.83 per cent to Rs 582.45 apiece on the NSE. Shares of FMCG major Marico Ltd advanced nearly 10 per cent on Tuesda

Headline numbers: The Mamaearth parent reported a 21% growth in operating revenue for the March quarter to Rs 471 crore. Net profit stood at Rs 30.5 crore, against a net loss of Rs 162 crore a year ago. Key takeaway: The company is doubling down on i

1.Axis Bank’s Employee Happiness Initiative Axis Bank has implemented new initiatives and policies aimed at enhancing career development and skill-building for its employees. 2. Prime Minister Modi’s Asset Declaration PM Narendra Modi declared total

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs