City
Epaper

Food delivery platform increases charges, Rs 6 per order on Zomato and Swiggy

By IANS | Updated: July 15, 2024 11:08 IST

New Delhi, July 15: Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 ...

Open in App

New Delhi, July 15: Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5 — a 20 per cent increase. Currently being charged in Delhi and Bengaluru, the platform fee is different from delivery fee, goods and services tax (GST), restaurant charges and handling charges. The higher platform fee will roll out to other cities as well.

The platform fee goes to the food aggregators to apparently control costs and increase revenues. In April, Zomato hiked its platform fee by 25 per cent to Rs 5 per order. Zomato introduced a platform fee of Rs 2 in August last year and later increased it to Rs 3 to improve its margins and become profitable.The food delivery platforms aim to generate Rs 1.25-1.5 crore a day by levying a platform fee.

Also Read| Kotak811 releases the all new multi-featured Kotak811 Mobile Banking App

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Zomato & swiggybusinessDelivery serviceBengalurudelhi
Open in App

Related Stories

EntertainmentKaran Johar Responds to Groom Calling off Wedding After DJ plays Channa Mereya from Ae Dil Hai Mushkil, Says...

NationalDelhi Crime: 20-Year-Old Shot Dead Outside Residence in Seelampur; Police Launch Manhunt for Killers (Watch Video)

BusinessLayoffs at Cars24: 200 Employees Lose Their Jobs Amid Company's Restructuring Efforts

NationalDelhi Slum Fire: Two Killed as Massive Blaze Erupts Near Sector 17 in Rohini (Watch Video)

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

Business Realted Stories

BusinessBrick and Bolt Launches Smart Cost Calculator for Home Construction

BusinessOver 38 pc of equity MFs in India outperform respective benchmarks in March

BusinessIndia Global Innovation Connect (IGIC) 2025 to Return to Bengaluru for its 4th Edition on June 4-5, 2025

BusinessSMU wins prestigious THE Awards Asia 2025 - Teaching & Learning Strategy of the Year

BusinessSPA Group--Frangipani Estates: Epitome of Quiet Luxury