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
Dear @Zomato 😐
Now what is this "Festive season fee".
You need to give offers instead you guys are charging. This is ridiculous. Different ways to earn money.
And worst part is people just order without checking as you hide "bill summary" now!!
14 replies14 likes
AKSHAT VARAHAGIRI
Stealth • 6m
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
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
Zomato’s platform fee hike to ₹10 reflects rising operational costs and the need for sustainable revenue models in a competitive market. While ₹10 may seem small, it could affect frequent users. Zomato must justify this increase by improving delivery
Flipkart Introduces Rs 3 Platform Fee on Orders
In a recent move, Flipkart has quietly started implementing a Rs 3 platform fee on all orders. This development follows similar steps taken by food delivery giants Zomato and Swiggy, who have also intr
Wtf are Zomato and swiggy charging platform fee tho they take commission from seller ? Weird, nvm it's working for them tho. In business perspective it's good but in customer's perspective it's not good.
What you all think
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,