Zomato shares jump 4% to fresh all-time high on platform fee hike

Jul 15, 2024 · Zomato's shares surged 4% to a new high of Rs 232 on BSE after raising platform fees to Rs 6 per order in major markets like Bengaluru and Delhi. The firm, along with Swiggy, …

4%
OFF

Zomato Shares Jump 4% To Fresh All-time High On Platform Fee Hike

4 weeks from now

Jul 15, 2024 · Zomato's shares surged 4% to a new high of Rs 232 on BSE after raising platform fees to Rs 6 per order in major markets like Bengaluru and Delhi. The firm, along with Swiggy, …

indiatimes.com

4%
OFF

Explained: Why Zomato Shares Hit All-time High Today

4 weeks from now

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

4%
OFF

Zomato Shares Jump 4% To Hit All-time High. Will It Gain Further?

4 weeks from now

Sep 12, 2024 · Zomato shares climbed 4% in early trading on Thursday, reaching an all-time high of Rs 283.50. At around 11:14 am, shares of the food delivery giant were trading 3.79% higher …

indiatoday.in

25%
OFF

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

4 weeks from now

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

4%
OFF

Zomato Gains Over 4% As Company Hikes Platform Fee By 25% To

4 weeks from now

Apr 21, 2024 · The company has increased the platform fee for food delivery to ₹5 per order effective April 20. Last time, Zomato raised the platform fee to ₹4 from ₹3 in January. Zomato …

upstox.com

20%
OFF

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

4 weeks from now

Jul 15, 2024 · Shares of Zomato hit an all-time high on Monday after the food delivery platform hiked its platform fee in some regions . What Happened: Zomato and Swiggy jacked up their …

benzinga.com

2%
OFF

Zomato Shares Surge 2% As Food Delivery Giant Hikes Platform Fee

4 weeks from now

Apr 22, 2024 · Fuelled by record food orders on New Year’s Eve, the food delivery platform increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets in …

businessupturn.com

4%
OFF

Zomato Shares Jump 4% To New All-time High - International …

4 weeks from now

Jul 15, 2024 · The food delivery aggregator Zomato announced a day earlier that it was raising its platform fee to ₹6 from ₹5, and on Monday, the share price of Zomato jumped by almost 4% to …

imvc.org

2%
OFF

Zomato Shares Rise 2% As Co Hikes Platform Fee To ₹10 For …

4 weeks from now

Oct 23, 2024 · Zomato’s platform fee was increased to ₹3 and was raised to ₹4 on January 1, 2024. The platform fee had temporarily spiked to ₹9 on December 31, 2023 as the company …

benzinga.com

33%
OFF

Zomato Hikes Platform Fee It Charges Users By 33% In Key Markets

4 weeks from now

Jan 1, 2024 · The listed firm started levying a flat platform fee in August 2023. Initially, it was Rs 2 per order, and was subsequently increased to Rs 3 in most of its major markets. “These are …

indiatimes.com

4%
OFF

Zomato Hikes Platform Fee To INR 5, Shares Jump 4%

4 weeks from now

On Monday (April 22), Zomato’s shares jumped over 4% in early trade to INR 197.8 apiece, compared to its previous close at INR 189.20. The shares opened at INR 193.00.

inc42.com

20%
OFF

Zomato Makes A New High After 20% Fee Hike - Marketsmojo.com

4 weeks from now

Dec 16, 2024 · Shares of Zomato advanced as much as 4.3% to a new lifetime high on Monday after the food delivery company hiked its platform fee by 20% in select locations. This move …

marketsmojo.com

FAQs about Zomato shares jump 4% to fresh all-time high on platform fee hike Coupon?

Why did Zomato share price hit an all-time high?

Zomato share price hit an all-time high in early trade on Monday. 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 6 per order from the previous Rs 5 in major markets like Bengaluru and Delhi. ...

Why did Zomato price hike 4% on BSE?

The recent price hike represents an increase of 20% from the Rs 5 the two platforms were previously charging in these markets. Shares of foodtech firm Zomato on Monday jumped over 4% to hit a fresh all-time high of Rs 232 on BSE after it increased the platform fee to Rs 6 per order in key markets like Bengaluru and Delhi. ...

Did Zomato hike its platform fee twice this year?

Zomato already hiked its platform fee twice this year The shares of foodtech giant Zomato touched a 52-week high, INR 232, in early trading hours of Monday (July 15) after the platform hiked the platform fee to INR 6 per order in its key markets, including Delhi and Bengaluru. ...

How much does Zomato charge per order?

The markets received the news of platform fee hike positively, with Zomato shares jumping 4% on July 15 to a new high of Rs 232. The firm earlier used to charge Rs 2 as a platform fee per order, and later increased it to Rs 5. As per a report by Mint, these apps can charge up to Rs 9 per order during peak hours. ...

Why did Zomato stock hit a new all-time high on BSE?

Shares of foodtech firm Zomato on Monday jumped over 4% to hit a fresh all-time high of Rs 232 on BSE after it increased the platform fee to Rs 6 per order in key markets like Bengaluru and Delhi. The mutibagger stock's market capitalisation also crossed the Rs 2 lakh crore mark and made CEO Deepinder Goyal a billionaire in USD terms. ...

Does Zomato have a fee hike ahead of festive season?

Food delivery platform Zomato on Thursday confirmed the reports of increase in its platform fee to Rs 10 ahead of the festive season, and said that the same is not a rumour. The company stated that the fee hike is a routine business matter and is done from time to time. ...