Swiggy hikes platform fee to Rs 15 in third revision in three weeks

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Food delivery platform Swiggy has hiked its platform fee to Rs 15 for every order. This is the third revision by the company in as many weeks amid robust festive season demand and after widening losses during the April-June quarter.

The restaurant aggregator had increased its platform fee to Rs 14 per order from Rs 12 during Independence Day due to high demand, which was later rolled back. As per information on the Swiggy application, the platform fee is inclusive of Goods and Services Tax (GST).

The hike comes close on the heels of rival Zomato hiking…



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Swiggy hikes platform fee to Rs 15 in third revision in three weeks



Food delivery platform Swiggy has hiked its platform fee to Rs 15 for every order. This is the third revision by the company in as many weeks amid robust festive season demand and after widening losses during the April-June quarter.

The restaurant aggregator had increased its platform fee to Rs 14 per order from Rs 12 during Independence Day due to high demand, which was later rolled back. As per information on the Swiggy application, the platform fee is inclusive of Goods and Services Tax (GST).

The hike comes close on the heels of rival Zomato hiking…



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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