Zomato share price slips 3% as company clarifies hiking platform …

Oct 23, 2024 · Zomato share price slips 3% as company clarifies hiking platform fees Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article …

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Zomato Share Price Slips 3% As Company Clarifies Hiking Platform …

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Oct 23, 2024 · Zomato share price slips 3% as company clarifies hiking platform fees Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article …

business-standard.com

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Not A Rumour: Zomato Clarifies On Platform Fee Hike, Shares …

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Oct 24, 2024 · Zomato's shares declined 3.51% to Rs 254.60 on the Bombay Stock Exchange after the company confirmed that the Rs 10 platform fee on its mobile app is not a rumor. The …

indiatoday.in

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Zomato Shares Climb 3% As Online Food Delivery Firm Hikes …

4 weeks from now

S hares of Zomato Ltd climbed 3 per cent in Monday's trade after the online food delivery platform, along with unlisted Swiggy, reportedly raised platform fee to Rs 6 per order from Rs 5 …

msn.com

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Zomato Shares Rise 3% On Platform Fee Hike - The Economic Times

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Jan 2, 2024 · Shares of food delivery platform Zomato rose 3% to Rs 128.3 in Tuesday's trade on BSE after the firm increased the platform fee it charges users for food delivery to Rs 4 per …

indiatimes.com

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Zomato Share Price Slips 3% As Company Clarifies Hiking Platform …

4 weeks from now

Oct 24, 2024 · Zomato share price slips 3% as company clarifies hiking platform fees. Business Standard 15h ago. Quick Summary: Zomato said that hiking platform fees was not a rumor, as …

beamstart.com

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Zomato Raises Platform Fee By 25% And The Street Loves It

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Apr 22, 2024 · The online food delivery giant introduced a platform fee — the flat charge that food delivery firms charge from customers per order — of ₹ 2 in August 2023. The platform fee was …

cnbctv18.com

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Zomato Shares Hit All-Time High After Hiking Platform Fees By 20%

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Jul 15, 2024 · Both Zomato and Swiggy introduced these charges in a bid to improve their margins. Food delivery companies are aiming to generate an additional daily income of ₹1.25 …

benzinga.com

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Explained: Why Zomato Shares Hit All-time High Today

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Jul 15, 2024 · Zomato Ltd shares surged 4% on Monday, reaching a new all-time high, following a media report that both Zomato and the unlisted Swiggy had increased their platform fees to Rs …

indiatoday.in

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Zomato Market Cap Crosses ₹2 Lakh Crore, Stock Hits Record

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Jul 15, 2024 · Elara has a 'Buy' rating on the stock with a price target of ₹280 per share. Its price target for Zomato implies a potential upside of 25% from Friday's closing levels. However, this …

cnbctv18.com

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Zomato - Recent News & Activity - Crunchbase

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Nov 28, 2024 · Business Standard (India) — Zomato share price slips 3% as company clarifies hiking platform fees News • Oct 24, 2024 The Indian Express — As festive season …

crunchbase.com

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Zomato Shares Dip Over 3% After Sensex Debut - Inc42.com

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Dec 23, 2024 · Despite the addition to the index, Zomato saw a dip in its share prices during early hours of trading today. Shares of the company dipped as much as 3.08% from previous close …

inc42.com

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Zomato Shares Fall Over 3%; Q2 Earnings Lower Then Estimates …

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Oct 23, 2024 · Zomato shares have delivered strong returns across various time frames. Over the past three months, the stock gained 17.64%, while rising 36.76% in the last six months. Year …

financialexpress.com

FAQs about Zomato share price slips 3% as company clarifies hiking platform … Coupon?

Why did Zomato share price fall 4%?

Zomato share price fell nearly 4% after it confirmed a Rs 10 platform fee hike. Zomato's shares declined 3.51% to Rs 254.60 on the Bombay Stock Exchange after the company confirmed that the Rs 10 platform fee on its mobile app is not a rumor. ...

Why did Zomato share price rise 33% on BSE?

Shares of food delivery platform Zomato rose 3% to Rs 128.3 in Tuesday's trade on BSE after the firm increased the platform fee it charges users for food delivery to Rs 4 per order in its key markets from Rs 3. The 33% increase is effective from January 1. ...

Why did Zomato increase its platform fee in 2023?

In August 2023, Zomato introduced a Rs 2 platform fee back when it looked to boost its margins and become profitable. The company subsequently increased the fee to Rs 3 before raising it again on January 1 to Rs 4. It had temporarily hiked the platform fee to Rs 9 on December 31. Zomato had an order volume of 64.7 crore in financial year 2023. ...

Is Zomato platform fee hike a rumour?

Zomato has a clarification on the recent platform fee hike – a day after the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reportedly sought clarification from the online food delivery platform. Zomato said that the Rs 10 platform fee hike is “not a rumour”. ...

How much is Zomato platform fee?

Zomato first introduced a platform fee of Rs 2 in August 2023 as part of its strategy to improve margins and move towards profitability. This fee was later increased to Rs 3, followed by a hike to Rs 4 on January 1. Zomato temporarily raised the fee to Rs 9 on December 31 last year, before now settling on Rs 10. ...

Will Zomato raise its platform fee for food delivery services?

Download The Mint News App to get Daily Market Updates. Zomato has raised its platform fee for food delivery services to ₹4 per order from ₹3 in key markets effective January 1, 2024, which analysts believe will drive the company’s EBITDA and aid financial performance. ...