Zomato Raises the Platform Fee to INR 5; Shares Jump 2%
Zomato has doubled the platform charge in several key regions, including the National Capital Region, Bengaluru, Mumbai, Hyderabad, and Lucknow.
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Zomato, the food tech giant, has increased its platform cost by 25% to INR 5 every order and stopped its interstate delivery service interstate Legends.
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Zomato has upped its platform price in important cities such as the National Capital Region, Bengaluru, Mumbai, Hyderabad, and Lucknow.
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Zomato’s shares began at INR 193.00 on Monday (April 22), up 2% from the previous closing of INR 189.20.
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Earlier this year, Zomato hiked the platform price to INR 4 per order across key countries from INR 3 on January 1.
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Initially established in 2022, the service allowed meal delivery from particular restaurants in specified cities to a limited number of urban areas.
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