Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Online food ordering platforms like Swiggy and Zomato are experiencing shifts in consumer behavior, with users buying food more frequently but spending less time eating. Swiggy's secondary transactions ahead of its IPO value the company at $9.3 billion. Quick commerce companies are addressing scams related to instant gratification. Capitalmind CEO Deepak Shenoy reduces Swiggy and Zomato orders due to high platform charges, opting for direct restaurant orders. Zomato and Swiggy have raised platform fees by 20% to Rs 6 per order to increase revenues and profits.
🚨 Zomato, #Swiggy hike platform fee by 20% to Rs 6 per order With a duopoly in place, both Zomato and Swiggy have been experimenting with increased platform fees to boost their overall revenues and profits. Read more at: https://t.co/oimEDqltvn
#MCTrends | 🍔🚫 Capitalmind CEO Deepak Shenoy drastically cuts Swiggy, Zomato orders due to high platform charges—now down to once a week or fortnight. "Restaurants often cheaper direct," he noted. Tap 👇 to know more! https://t.co/I5Rp5Trit8 #Capitalmind #DeepakShenoy #Zomato…
#PublishedThisWeek Quick commerce companies like Swiggy Instamart, Zepto, and Blinkit are arming themselves against scams that come with the territory of instant gratification. Sudarshan Devraj explains more, in the latest edition of Scam Season. https://t.co/spfrkNrKfb
