Spyke
Having a hard time understanding how Zomato increased its YoY revenue by 75% despite the discounts

Having a hard time understanding how Zomato increased its YoY revenue by 75% despite the discounts

Zomato declared a pretty good profit in the food delivery business. Plus it looks like the only loss was from Blinkit aquisition. How can they manage to do this? I've been getting consistently good discounts plus Zomato Gold is so cheap and the free delivery seems to offset the initial amount paid very easily in just 30 orders. Am I missing something?

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Honestly this Zomato/swiggy don't look like they'll be profitable ever. Either they increase commisions from restaurants (and lose) or they reduce discounts. Either way the lose customer's.

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