platform fee
FoÍŹÍŹoÍŹdtechÍŹ giant Zomato's shares soared ÍŹtÍŹÍŹÍŹÍŹo aÍŹ ÍŹÍŹ52ÍŹ-weÍŹek higÍŹh ofÍŹ ÍŹINR ÍŹ23ÍŹ2 inÍŹ eÍŹaÍŹrly trÍŹadÍŹÍŹiÍŹng ÍŹoÍŹÍŹn MonÍŹÍŹdayÍŹ ÍŹaÍŹÍŹfÍŹter the plÍŹatfoÍŹÍŹrÍŹm increased iÍŹÍŹts ÍŹplaÍŹtfÍŹorÍŹm fee to INR 6 perÍŹ ÍŹorÍŹder ÍŹin key maÍŹrketÍŹsÍŹ lÍŹÍŹikÍŹe Delhi andÍŹ BengalurÍŹu.CÍŹoÍŹntÍŹinuÍŹÍŹeÍŹ...
Foodtech giants Swiggy and Zomato have repoÍŹrtedly raised the platform fee to INR 6 per order in in majÍŹor markets like Delhi and Bengaluru.ET was tÍŹhÍŹe first to report the ÍŹÍŹdevelopment.The move is seen as essential...
Breaking News
Zomato raises platform fee to INR 5, temporarily halts intercity delivery service
Zomato, the foodtech giant, has raised its platform fee by 25% to INR 5 per order and suspended its intercity delivery service, Intercity Legends.Zomato...
IPO-bound Swiggy refutes speculations of doubling platform fee, emphasizes consumer-centric approach
Contrary to speculation suggesting that Swiggy might increase its platform fee for food orders from INR 5 to INR 10 in the upcoming months...
Zomato raises platform fee to INR 4 per order in major cities
Listed food delivery platform Zomato has raised the platform fee to INR 4 per order in key markets, as indicated on its app.The revised...
Swiggy increases platform fee to INR 3 per order to boost profitability ahead of IPO in 2024
Foodtech giant Swiggy has hiked its platform fee from INR 2 to INR 3 per order.Back in April of this year, Swiggy implemented a...
Swiggy’s Senior VP of Revenue and Growth, Anuj Rathi, steps down after seven years
Anuj Rathi, who served as the Senior Vice President (SVP) of Revenue and Growth at Swiggy, has tendered his resignation following a tenure of...
Zomato’s platform fee hike expected to bolster customer take rate and contribution margin: Kotak Institutional Equities
A month after introducing a platform fee of INR 2, which was later raised to INR 3 for certain users, Zomato, the foodtech giant,...
Zomato shares surge by 6% in response to high trading activity and platform fees
Zomato's stock experienced a remarkable uptick of up to 6 percent in the initial trading hours on Monday. This surge was propelled by substantial...
Swiggy stands strong despite new platform fee, sees no negative impact
Swiggy, a prominent player in the food delivery industry, has experienced no negative consequences following its recent choice to implement a platform fee for...
Zomato extends platform fee to wider user base, implements INR 3 charge in select cities
Zomato, the prominent player in the food technology sector, initially introduced a platform fee of INR 2 per order for specific users. This fee...
Zomato follows Swiggy’s lead, tests INR 2 platform fee to enhance profitability
Zomato is currently testing a new initiative in specific markets, wherein select users will be charged a flat INR 2 platform fee on its...
Swiggy implements ‘platform fee’ on all orders, users to bear the cost
Swiggy, an online food delivery platform, has recently implemented a "platform fee" of INR 2 per food order for all users, regardless of the...