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Now Zomato started charging 18 percent GST

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BeUnique

Now Zomato started charging 18 percent GST now on platform fee

What a pathetic company

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Deal Major Deal Major
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Lena  hain  toh  lo  , nahi  toh   aage  badho  , hawa  aane  do ,  india  mein  bahut  hain  unse  kharidne  wale  and  convinenece   bolne  wale stuck_out_tongue_winking_eye

Post Mogul Post Mogul
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A certain commission — usually ranging between 24%-28% of the order value — from the restaurants that are receiving the orders. This is just the commission for generating business for the restaurant partner, and excludes charges for enabling delivery which is the delivery charges that are also paid by the customers

Zomato typically charges a 15%-22% commission per order exclusive of payment gateway charges and GST. Swiggy's charges, on the other hand, range between 9%-22% per order depending on the average order value (AOV) with a higher AOV attracting lower commission

Food Delivery Aggregators surcharge including Taxes averages between 41.55% in Metro Cities and Tier 1 Cities. 😂

The popular narrative currently seems to be that lower prices imply Zomato/Swiggy are over-charging but the reality is, despite significant scale, steady rise in take-rates and acute cost focus, both are barely making any profits

food delivery apps are ‘looting‘ the customers, as many accuse them of so readily But how difficult the business model of food aggregators is, it’s to show that customers are paying a hefty premium ranging from 10 per cent to 50 per cent depending on the outlet they are ordering from.

AND NOW WITH ALL THESE ADDITIONAL CHARGES TOPPING UP EVERY NOW & THEN just like the multiple top-ups on Ice cream 

So what exactly should be done?

Best Is Home Cooked Meals & others times the below feasible alternate options

Simple. Just don't use these Apps except when there is a loot biggrin

You have restaurants near your house - visit the Restaurants and get your own Take Away

Visit Restaurants and Have a Dine in Experience

Use the Chains own Delivery service

😌

Deal Cadet Deal Cadet
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@guest_999

Looks very small but they are making 20crores by that considering per month. Why to charge even that it's like by using their service u need to pay them such chindi giri


Critic Critic
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@BeUnique Any kind of tax charged in any form anywhere goes to the govt.
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Heart of Gold Heart of Gold
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Only way to get profitable. 😊

Blogger Blogger
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Aise hi thode hi 52W High Pahucha hai. 

Deal Lieutenant Deal Lieutenant
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18% on the bill amount?
so 36rs for 200 bill amount? 

Critic Critic
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On platform fee which is 2 rupees.
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Helpful Helpful
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i literally feel we should stop using zomato....a shop sells item for 220 incl GST. if we order on zomato we need to pay 220+gst+delivery+platform fee
Heart of Gold Heart of Gold
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+ discount+ gv + loots

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Deal Major Deal Major
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Lena  hain  toh  lo  , nahi  toh   aage  badho  , hawa  aane  do ,  india  mein  bahut  hain  unse  kharidne  wale  and  convinenece   bolne  wale stuck_out_tongue_winking_eye

Budding Star Budding Star
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Write " on platform fee " in title... Felt like a YouTube clickbait expressionless

Deal Cadet Deal Cadet
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Lol!  I tried writing bro long titles not allowed 

Post Mogul Post Mogul
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A certain commission — usually ranging between 24%-28% of the order value — from the restaurants that are receiving the orders. This is just the commission for generating business for the restaurant partner, and excludes charges for enabling delivery which is the delivery charges that are also paid by the customers

Zomato typically charges a 15%-22% commission per order exclusive of payment gateway charges and GST. Swiggy's charges, on the other hand, range between 9%-22% per order depending on the average order value (AOV) with a higher AOV attracting lower commission

Food Delivery Aggregators surcharge including Taxes averages between 41.55% in Metro Cities and Tier 1 Cities. 😂

The popular narrative currently seems to be that lower prices imply Zomato/Swiggy are over-charging but the reality is, despite significant scale, steady rise in take-rates and acute cost focus, both are barely making any profits

food delivery apps are ‘looting‘ the customers, as many accuse them of so readily But how difficult the business model of food aggregators is, it’s to show that customers are paying a hefty premium ranging from 10 per cent to 50 per cent depending on the outlet they are ordering from.

AND NOW WITH ALL THESE ADDITIONAL CHARGES TOPPING UP EVERY NOW & THEN just like the multiple top-ups on Ice cream 

So what exactly should be done?

Best Is Home Cooked Meals & others times the below feasible alternate options

Simple. Just don't use these Apps except when there is a loot biggrin

You have restaurants near your house - visit the Restaurants and get your own Take Away

Visit Restaurants and Have a Dine in Experience

Use the Chains own Delivery service

😌

Deal Cadet Deal Cadet
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They are barely making profits? Really?  You are gullible if you think so.  Just one instance for you bro - By charging just 2rs now with gst on platform fee per order do u know how much money they are making? 107crore and now with gst it's about 130 crore (considering About 53.5crore orders per month ) 

That's a great strategy by charging platform fee

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Helpful Helpful
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My prediction for Zomato stock: It will go down by 18% by end of this month  😉

Generous Generous
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Swiggy will be following soon. Anyways, GST on food, Double GST on food online ordering, swach bharat tax + extra monthly charges by garbage collectors again on top of various municipality taxes (and garbage and cow poops still all over the roads) increasing monthly price tags on electricity, gas , etc etc. All these goes to govt's pockets.

Deal Cadet Deal Cadet
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Swiggy is already dead in my city as there are close to none 60/50percsnt offers

Helpful Helpful
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It was hard to not get tempted by their Gold offering at Rs 149 for 3 months and I uninstalled their app already.
Finally Good Riddance. 
Swiggy One seems better option now at Rs 249 for 3 months.

Deal Cadet Deal Cadet
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Bro they are taking 0.36p extra. So going by that swiggy vs Zomato 249/149 I still prefer Zomato.

It's just that now I order only when I get real discount.  Plus their on-time guarantee scheme totally beats swiggy out of the park

Deal Newbie Deal Newbie
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most of the times, their delivery charges more than market rate per KM, even if hotel near by they levy as far distance

Deal Newbie Deal Newbie
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Time to uninstall zomato.

It's too much now. 

Tax on food Is 5% and on platform fee 18%😳

Inferno Inferno
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platform fee is Rs.2 and Gst is on that so 36paise total platform fee Rs. 2.36

Rest if any other gst is from restaurant side

Comrade Comrade
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Now it's the time yo eat healthy home cooked food smile

Deal Cadet Deal Cadet
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Of course we eat healthy food items but there are times when we get some packed stuffs at discount 

Deal Subedar Deal Subedar
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In addition to this, they are such an unethical company. They sold Gold for ₹349, then next day for ₹249 and then suddenly at ₹49. No word on how they will compensate people who purchased at the higher prices!

Deal Cadet Deal Cadet
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From 249 to 49? Really?  Lowest drop is 149 bro not 49

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