Zomato articles
-
Zomato platform fee: Zomato hikes platform fee for users to Rs 5; pauses intercity deliveries
Zomato has increased the platform fee it levies on customers for food delivery by 25% to Rs 5 per order effective April 20, according to information on the Gurugram-based company's app and people in the know.The platform fee —a per-order flat charge — has been increased in Zomato's key markets including the National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow.According to one of the people, Zomato services 2.0-2.2 million orders per day, and an increase of Re 1 for a large order...
-
Zomato pilots priority deliveries, tests ‘pay later’ feature
Food delivery firm Zomato has started piloting priority deliveries, enabling users to get their orders delivered faster by paying an extra fee of Rs 19-29 per order.The Gurgaon-based firm is also testing a ‘pay later’ feature for some users. In this case, users can place orders but make the payment any time before the food is delivered, according to information from the company’s app.The extra charge for priority deliveries is applicable to members of the company’s loyalty programme, Zomato...
-
Blinkit contributes more to Zomato’s market cap than its food delivery biz: Goldman Sachs
Quick-commerce platform Blinkit’s contribution to parent Zomato’s market value has surpassed that of the mainstay food-delivery business, according to a Goldman Sachs report.The report estimates Blinkit’s implied value at Rs 119 per share, compared with Rs 98 a share for Zomato’s food delivery business. This translates to a contribution of $13 billion by Blinkit to Zomato's value, up from $2 billion in March 2023, as per Goldman Sachs. As of Friday, Zomato had a market capitalisation of nearly...