Figuring Outย โขย 6m
I saw a video 1-2 years back where the speaker said that all those 'middleman' businesses like Zomato, Ola, and MMT would never really succeed! The problem, he said, is that you have to deal with 3-4 entities: first, the customer; second, the client (restaurants, hotels, drivers, etc.); third, the investors (who fund the business); and also the government (depending on your business). What he said was that if you increase the prices of your product to make money and give better commissions to clients, customers will leave your product. If you reduce costs by lowering commissions for clients, they will leave. And if you offer products at lower prices while also giving higher commissions to clients, you will incur losses, risking your company, and investors won't fund you. Additionally, the government often tries to interfere in this business by changing regulations, imposing taxes, fines, etc., creating yet another entity to deal with. Back then, I somewhat agreed with this, as all these Platforms were bleeding money and just one price change use to shift customers from moving to different app. But now it seems to make no sense. Thatโs because Zomato has turned profitable, Ola Cabsโ losses are reducing every year, OTA platforms like EMT have been profitable for so long, and even Meesho recently announced its first profitable quarter. In the last few years, only these types of businesses have worked and Itโsbetter to deal with 2-3 entities than to buy all the assets and risk scaling. What do you think?
Markets, Startups & ...ย โขย 1m
โก Ola Electric's Q4 FY25 Losses Surge Amid Revenue Decline Ola Electric, a prominent player in India's electric vehicle (EV) sector, has reported a substantial financial downturn in Q4 FY25. The company's losses doubled to โน862 crore, marking a 106%
See MoreCS student | Tech En...ย โขย 5d
This Monk Studied with Google CEO? and shares a story about Sundar Pichai meeting his IIT batchmate who became a monkโthe monk, "You deal with Google, I with God." Why IITians are Becoming Baba?" ๐ "I went to IIT in the same batch as Pichai.
See MoreHey I am on Medialย โขย 3m
The Quick Commerce giants Blinkit and zepto has increased their commissions on their both platforms to turn toward profitability.where in this Blinkit is already in a profitable. The Food delivery gaints Zomato and Swiggy has also increased their pl
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The Clueless Companyย โขย 1y
Founder: We need to bootstrap our startup. Co-founder: Sounds good. How much do we have? Founder: About โน100 and an Ola coupon. Co-founder: Perfect. Let's charge the clients in ride fares. *Clients become investors in startup just to avoid attend
See MoreHere you go!ย โขย 5m
Do you think? The core business of Zomato of delivering food has completed its growth stage and is currently at maturity stage? Zomato has conquered the losses and entered the profitable stage in the last few Quarters, but in the recent quarter the
See MoreYou are the only one...ย โขย 10m
I have a team searching for clients all over international and national market. I need good editors to carry on the editing commissions , if intrested than DM with editing portfolio to discuss further. Full details will be given on a live call Me
See MoreHey, I'm on Medialย โขย 10m
Ola is reportedly planning to enter the Quick Commerce space by establishing its own dark stores. These dark stores are said to be significantly automated. Ola has tried to enter the food delivery space in the past but it hasn't worked out for them
See MoreExperimenting On lea...ย โขย 1y
How Loss Making Startups ๐turn profitable ๐๐ The most probable eventual aim of startups is to turn profitable and go for ipo, giving returns to investors and creating wealth ownself ๐ฐ๐ธ Now start-up take huge losses in creating market or gettin
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