This is to ensure less returns ig in case of cash on delivery or other methods of payment

Software Engineer

Why Myntra is charging additional 20/ for every item ???? I have observed this from the past few days

Why Myntra is charging additional 20/- for every item ???? I have observed this from the past few days

Myntra - Platform fee

Software Developer

Myntra - Platform fee- Grapevine

Welcome to Indian Startups's Private Community

I am fed up of paying platform fees.

what started from Zomato has reached till Myntra via swiggy.

Buy subscription, still pay platform fee?

Customer Cutieya h?

WTF is this Platform Fee!

Senior Consultant

Why is the Swiggy platform fee variable?

Product Manager

Swiggy is slowly becoming unusable. They have already increased minimum amount in Instamart for free delivery from 99 to 149 to 199 now. This is really becoming a problem. Is there any other alternative to this? They are slowly showing their true colours now that they are aiming profitability.

Swiggy FEE Mafia

Yeah. But that's the price you'll have to pay for convenience. They were always gonna start making money one day

Consultant

Sales

Can’t wrap my head around this. This is too crazy. 🤪 


Found on Reddit

Would you pay this service charge?

Welcome to News Discussion's Private Community

Swiggy response to extra charge issue

If distance > 7 kms, full delivery charges will apply

Free Delivery on Zomato Gold & Swiggy One now limited by distance

Corporate Strategist

Zomato hikes platform fee it charges users in key markets

The author calculating the percentage increase from 3 to 4 - peak analysis report

Investor

So zepto has a 'Remove' delivery button inside the bill details. This is a very smart way to make money, since this button is situated inside the details part. But on the other hand it feels a bit weird, if I miss opening the details I might have paid 27 rupees more.

What are your thoughts?

Zepto weird (smart) UX

Zomato delivered another great set of results. Now they are adding 250Cr cash every quarter.
The company hit two benchmarks this quarter according to my calculations, 50,000 Cr worth of orders (4x Q3) and 100 Cr orders (4x Q3), and these are growing 25-30% year on year.
Why is this interesting? As some of you might know, they have started adding platform fees to the orders. Even one more rupee of platform fee will add 100 Cr to EBITDA. So, if they increase fees from 5 to 10, that's 500 Cr more EBITDA every year.
 
Now, If you look at this quarter's results vs last quarter's results, they have added ~3600 Cr of order value, and made 380 Cr of EBITDA (this does not include Events). Which means they are making 10% as EBITDA. In next 3 years, if Zomato doubles their order value to 1,00,000 Cr, and even make 8% EBITDA, this could mean 8000 Cr EBITDA (almost 1 billion dollars). What markets will give as multiple on this, is guess work. Could be 25-40x (Don't hold me on this). Hence the stock looks undervalued from a 3 year lens

Myntra - Platform fee

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