Business News
1 min read | Updated on July 15, 2024, 15:28 IST
SUMMARY
Its rival Swiggy, which had also increased the platform fee in select cities on Sunday, reverted to charging ₹5 per order on Monday in Delhi, Mumbai, and Bengaluru, as shown on its app.
Zomato has hiked the platform fee to ₹6 from ₹5 per order
Food delivery firm Zomato has hiked the platform fee to ₹6 from ₹5 per order in Delhi, Mumbai, and Bengaluru.
Its rival Swiggy, which had also increased the platform fee in select cities on Sunday, reverted to charging ₹5 per order on Monday in Delhi, Mumbai, and Bengaluru, as shown on its app.
When contacted to ascertain the reasons for the hike, both Zomato and Swiggy declined to comment.
The two companies introduced platform fees last year, initially at ₹2 per order, which has been increased gradually.
Platform fee is treated as one of the ways in which food-delivery platforms are trying to increase their profitability, with a duopoly in place as Zomato and Swiggy are the key players in the segment.
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