splender
ONDC updates?
Has anyone used ONDC? Does it have any app? It was mentioned somewhere that it heavily reduces delivery costs and prices are better than swiggy and Zomato.
10mo ago
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Curated from across
Has anyone used ONDC? Does it have any app? It was mentioned somewhere that it heavily reduces delivery costs and prices are better than swiggy and Zomato.
My experience was very bad, delivery guy took the order and then was away for next 1.5 hours, probably he was delivering orders from zomato, swiggy first. Worst Customer Experience!
Okay in swiggy atleast customer experience is good. They easily refund money if something went wrong.
Using ONDC from Paytm to order food 3-4 times a week. Cheaper than Swizzy, Zonato.
it won’t work in longer run
For most restaurants, the prices are very similar to Swiggy/Zomato.
Plus I don't know how economics work for these apps. Zomato takes high commission from resturants and they became profitable recently but these ondc apps get very less commission so not sure how will they make profits
ONDC seem Big threat for Swiggy/Zomato , Amazon/Flip kart, Dunzo /zepto/ blinkit/ big basket.
How will these e commerce giants (already operating on huge loss) survive now
Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!
https://www.moneycontrol.com/news/business/invesco-cuts-swiggys-valuati...
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 thes...