Can someone explain why these Qcom food delivery startups like Swiggy and zepto are still in loss? Are they faking the results. They are charging high amount on food delivery + surcharge + delivery. I don't understand it
Anonymous 4
Stealth • 4d
Both have struggled with profitability due to steep marketing expenses, logistics, and restaurant commissions. Zomato became EBITDA positive recently, but barely.
0 replies
More like this
Recommendations from Medial
Arcane
Stealth • 1m
Profitability Metrics
These are the stages of profitability every founder should be familiar with (Refer the table below)
In the beginning, Start with Contribution margin (CM)- measure if your revenue covers variable costs.
Next, target transacti
Hello Everyone 🤩💭,
Today's topic is EBITDA, Gross Margin and Operationally Positive terms:
EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) - > 🤑
•Measures overall financial performance and cash flow potential
•Usef
See More
4 replies14 likes
Chamarti Sreekar
Stealth • 2m
Koriken is a Korean street food startup based in Bengaluru, offering a range of Korean dishes to satisfy the growing demand for Korean cuisine. This image showcases the unit economics of the business, breaking down how each ₹100 is spent. The largest
See More
1 replies4 likes
Udyamee
Stealth • 8m
Part 2.
Pathao's digital payment wallet, Pathao Pay, has also been successful, with the company recently receiving a payment service provider (PSP) license from the Bangladesh Bank, allowing it to operate as a mobile wallet provider
Funding:
Patha
See More
0 replies2 likes
Inactive
Stealth • 4m
Delhivery's Dark Store Revolution in Quick Commerce!
How is India's logistics giant shaking up the quick commerce game?
👀 Here's the scoop on Delhivery's bold new strategy:
→ New Offering: Dark stores for quick commerce companies
→ Unique Approa
Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
See More
13 replies5 likes
Aman Verma
Stealth • 5m
A friend from Hyderabad recently pitched me his idea:
An online grocery store connecting local shops to customers.
Sound familiar? (Looking like Blinkit , Zepto, Swiggy Mart)
I asked him the tough questions:
- Can you compete on pricing?
- What abo
Top News of Today: (9th October)
1) ShareChat Launches Social Media App ‘Vibely’ With Private Calling Feature
2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year.
3)
Pets.com: The Rise and Fall of a Dot-com Era Icon
In the late 1990s, the dot-com boom was in full swing, and investors were eager to get in on the latest internet startups. One such company that captured the attention of investors and pet lovers ali