Desiheadlines

Desiheadlines

Business Finance News

Growth of just Rs 2 and huge profit of Rs 15 crore …, know the full game plan of Zomato

Zomato hikes platform fee: Food delivery company Jomato and Quick Commerce App Blinkit’s parent company Eaterial has increased its platform fees. The company announced on Tuesday that now 10 rupees platform charge to be taken from customers has been increased to Rs 12. That is, an increase of about 20% has come into force. Significantly, the company first started the platform charge on 2 August 2023.

Why is this not a slight increase?

Even though this increase was just 2 rupees, but according to experts, its effect is big. It is estimated that the company fulfills around 2.5 million orders daily. In such a situation, the company can earn additional Rs 15 crore daily from platform fees. On an annual basis, this income can reach Rs 180 to 200 crore.

However, users have also expressed their displeasure over this decision. He says that while discounts and offers are being reduced on the platform on the one hand, on the other hand the platform fees are continuously increasing.

Company will increase huge profits

In the June quarter, the company’s net profit had come down to just Rs 25 crore, compared to Rs 253 crore in the same period last year. However, on the other hand, the company’s revenue has increased from Rs 4,206 crore to Rs 7,167 crore. This increase has been possible due to aggressive investment in blinkit and other new businesses.

Jomato’s journey of platform fees

August 2023: For the first time a fee of Rs 2 is implemented

By the end of 2023: it increased by Rs 3

1 January 2024: Fees increase to Rs 4

31 December 2023: Temporary fees have been temporarily reduced to Rs 9

After this, the fee was permanently for Rs 10

And now it was increased to Rs 12 from September 2025

ALSO READ: TCS’s big gift to employees, increases increases before Diwali, know how much salary increased salary

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *