Zomato News: Zomato has increased the platform fees for food delivery from April 20. The company has increased the platform fees by 25 percent. That means now this fee has been increased to Rs 5 per order.
Zomato Share Price: If you also order food from Zomato, then there is bad news for you. The company has increased the platform fee (Zomato Platform Fee). Zomato has increased the platform fees for food delivery from April 20. The company has increased the platform fees by 25 percent. That means now this fee has been increased to Rs 5 per order.
Along with this, the company has also stopped Intercity Legends service. Zomato has taken these decisions before the March quarter results are announced.
Rates increased in these cities
Platform fees per order have been increased in many major markets including Delhi-NCR, Bengaluru, Mumbai, Hyderabad and Lucknow. According to TOI news, Zomato serves orders to 2.0-2.2 million people every day. Apart from this, an increase of Re 1 for a large order base can significantly increase the company’s income in a quarter.
Let us tell you that the company had increased the platform fees in January also. At that time the company had increased this fee from Rs 3 to Rs 4 and now it has been reduced to Rs 5.
When did the platform fees increase?
Zomato’s platform fee in August 2023 was Rs 2. The company started it with just Rs 2. The company had taken this decision to increase its profit. Later, the platform fee was increased from Rs 2 to Rs 3 and in January itself it was increased to Rs 4. At the same time, in December the company had also temporarily increased the fees to Rs 9.
Sharep increased by 73 percent in 6 months
Let us tell you that on Friday, Zomato shares closed at the level of Rs 188.50 with a rise of 1.78 percent. At the same time, the company’s stock has increased by 73.09 percent in the last 6 months. On October 23, the company’s share price was at the level of Rs 108.
How much did the stock increase in one year?
Apart from this, the share has increased by 51.41 percent in the YTD period. At the same time, tremendous growth has been seen in the stock in the last one year. The share has increased by 236.61 percent in one year. A year ago the price of this stock was at the level of Rs 56.
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