City
Epaper

Zomato increases mandatory platform fee to Rs 5

By IANS | Updated: April 21, 2024 23:00 IST

New Delhi, April 21 Online food delivery platform Zomato has hiked its platform fee by 25 per cent ...

Open in App

New Delhi, April 21 Online food delivery platform Zomato has 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.

Buoyed by record food orders on New Year’s Eve, the food delivery platform in January increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets.

The new platform fee is levied on all customers, including Zomato Gold.

Meanwhile, the company has suspended Intercity Legends, its inter-city food delivery service.

"Enhancements are underway. Please stay tuned as we will be back to serve you soon,” read the message on the 'Legends' tab on the Zomato app.

Last week, Zomato received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore. The order consists of Rs 5.9 crore in GST demand and a penalty of Rs 5.9 crore for the July 2017-March 2021 period.

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

Open in App

Related Stories

International"Military families already seeking food assistance due to financial anxiety caused by Democrat shutdown": White House

InternationalTrump’s H-1B visa proclamation challenged in US court

InternationalAbu Dhabi Marine Sports Club organises Arilah 60ft Dhow Sailing Race

InternationalEarthquake of 4.5 magnitude hits Pakistan

InternationalSindh Government imposes a massive fines on traffic violation to ensure road safety

Business Realted Stories

BusinessAir India Express announces flights between Indore and Goa

BusinessSaumitra P Srivastava takes charge as Director (Marketing), IndianOil

BusinessGST 3.0 should aim at having only one rate: Former Commerce Secretary Ajay Dua

BusinessBihar government approves land acquisition for two airports

BusinessIndia a stabilising force in world economy: Global experts