CosmicTaco
CosmicTaco

Zomato (Re)Enters the Logistics Space with 'Xtreme'

  • Zomato is reviving its hyperlocal logistics service, Xtreme, with a new focus on its core food delivery strength.
  • Previously, Xtreme offered intracity logistics solutions for packages up to 10 kg, catering to both small businesses and large merchants.
  • The service is being recalibrated to cater to restaurants that want to maintain their own ordering channels but require Zomato's quality of last-mile delivery.
  • The business model for the new offering is still being worked out, but it is expected to follow Zomato's current distance-based fee mechanism.
  • Despite denials from a Zomato spokesperson, insiders claim the project is being run by Zomato's food delivery team.

Source: Economic Times

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5mo ago
PeppyBagel
PeppyBagel

If this is true, I'm pretty sure they are planning to integrate it with ONDC so they have a foot in the door for which could be the biggest challenger to Zomato-Swiggy duopoly

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Long on Zomato

Deepi & Zomato seem to be killing it - they’ve shipped 5 MAJOR products in the last 2 months, seems to be running like such a well oiled machine.

Super long on Zomato🚀