Zomato has announced a 25% increase in its platform fee, raising it from Rs 4 to Rs 5 per order. This marks the second hike in 2024, following a previous increase from Rs 3 to Rs 4 in January. The initial platform fee was introduced at Rs 2 in August 2023. Alongside the fee hike, Zomato has also temporarily paused its intercity delivery service, Intercity Legends. The changes affect key markets including the NCR, Bengaluru, Mumbai, Hyderabad, and Lucknow.
Startup Central | Pay more for ordering food What will be the impact of Zomato's hiked platform fees on its financials and customers? Akshaye Jalan of Xume decodes the important talking points @sumitakareer @jalan_akshay https://t.co/RfG6z9ZRl1
Zomato hikes platform fee for the 2nd time this year; how much will it add to its EBITDA? @Sharad9Dubey explains what platform fee means and the charges of other delivery platforms👇 #Zomato #Swiggy #Blinkit #Zepto https://t.co/EefxRbMsWL
News Alert | @Zomato hikes platform fee by 25%, changes it from Rs 4 to Rs 5 now per delivery Here is the latest breakdown of the cost of an average single burger delivery in Mumbai👇🍔 https://t.co/RwJFQIUHZM
Zomato hikes platform fee to Rs 5, suspends intercity delivery services https://t.co/0TXU9klAdN
#AI cloud and platform-as-a-service startup, @Neysa secures $20 million in seed #funding! Founder @sharad_sanghi tells @ShrutiMishra_ how #Neysa helps enterprises harness the power of Generative AI, Neysa's offerings and expansion plans. @matrixindiavc @NexusVP @nttventurecap https://t.co/jDiQAMSo71
StartUp Central | Take a look at the top startup headlines this hour📢 ➡️Zomato hikes platform fee by 25% to Rs 5 ➡️Byju's credits March salaries with borrowed funds ➡️The Derma Co hits rs 500 cr revenue run rate ➡️Aurionpro Solutions acquire Arya AI for $16.5 mn ➡️WeWork to… https://t.co/lA5olvCTXI
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COMING UP @ 6 PM | Startup Central Akshay Jalan of Xume discusses increase in platform fee by Zomato and how it has that been received by the customers @avannedubash | @jalan_akshay https://t.co/822W44Kper
#Zomato has once again increased its platform fee for users by 25%, bringing it to Rs 5 per order. Read more: https://t.co/JtA9SHnE2y https://t.co/dJGESs0ybb
Zomato Share Price Target 2024: 25% hike in platform fee; BUY, SELL or HOLD? https://t.co/uBP8bsWv73
Food delivery platform #Zomato has increased its customer fees by 25%. With this, the platform fee now stands at Rs 5 per order. Details here 🔗 https://t.co/jZwgFxhOHY https://t.co/1ddO0Wmtp7
📢🔴@Zomato Hikes Platform Fee To Rs 5, Pauses Intercity Deliveries @CNBCTV18News #Zomato #FoodDelivery https://t.co/QtC4H0l0PQ
1/ 🍕 Zomato's Platform Fee Hike Alert! 🚨 @zomato changing its tune with a 25% hike in platform fees to Rs 5 per order! The company has also suspended its intercity delivery service, Intercity Legends. Did you catch that brief jump to Rs 9 on New Year's Eve? What could be… https://t.co/yvveRB7kib
#Zomato hikes platform fee for customers by 25%: How costly will your orders be? https://t.co/RHbWiWOv9Z https://t.co/1w7ipxo3kv
#Zomato hikes #PlatformFee for users to Rs 5; pauses intercity deliveries https://t.co/3C0zkUlSWc
🚨🚨 Zomato has hiked the platform fee to Rs 5 It had increased to Rs 4 from Rs 3 back in January Platform fee of Rs 2, introduced on food orders in Aug 2023, has more than doubled since then Further, it has paused Legends intercity deliveries @ETtech https://t.co/484Oy9lcxd
🚨🛵 @zomato hikes #platformfee for users to Rs 5; pauses intercity deliveries The platform fee —a per-order flat charge — has been increased in Zomato's key markets including the NCR, #Bengaluru, Mumbai, Hyderabad and Lucknow. By @pranavmukul https://t.co/EOqBR5YIWG