Zomato To Charge Additional Rain Fee For Gold Users From May 16

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SUMMARY

The foodtech major will now be charging an additional rain fee even for users subscribed to its Gold membership plan

According to the company, this fee will help it compensate its delivery partners better during the rains

The development comes at a time when Zomato’s adjusted EBITDA stood at INR 428 Cr in the March quarter, up 56% year-on-year (YoY)

A week after Zomato announced that it is putting its 50:50 refund-sharing policy with restaurants on hold, the foodtech…



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Zomato To Charge Additional Rain Fee For Gold Users From May 16


SUMMARY

The foodtech major will now be charging an additional rain fee even for users subscribed to its Gold membership plan

According to the company, this fee will help it compensate its delivery partners better during the rains

The development comes at a time when Zomato’s adjusted EBITDA stood at INR 428 Cr in the March quarter, up 56% year-on-year (YoY)

A week after Zomato announced that it is putting its 50:50 refund-sharing policy with restaurants on hold, the foodtech…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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