Everyone’s heard of Zomato, and it’s quite famous, so let’s find out how Zomato earns money. Zomato generates revenue through commissions from restaurants, platform charges, and delivery fees from customers. Zomato also has to spend money on delivery partners, refunds, and the running costs of the platform.
History of Zomato Company
Zomato is very famous these days, so let’s find out how this company started. Zomato was initially launched in 2008 under the name “Foodie”. Then, on January 18, 2010, its name was changed to Zomato. Apart from its website and food delivery services, Zomato provides various other types of information as well. In 2011, Zomato expanded its business to many cities in India, such as Delhi NCR, Mumbai, Chennai, Pune, Maharashtra, Kolkata, and Bengaluru. It has become quite popular in these cities and is known for its excellent service. Zomato primarily operates as an online food delivery company.
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How Zomato is different from swiggy
Nowadays, people like both Zomato and Swiggy, but let’s see what the difference is between them. Some say Swiggy is better, while others prefer Zomato; however, both are involved in food delivery and are quite popular with the public. It doesn’t really matter whether you use Swiggy or Zomato because both are large companies providing good service and are favored by customers. Both companies are engaged in online food delivery, and they have both become a great platform for restaurants.
How Zomato earns – Zomato revenue model
Zomato is a name everyone has heard of, and it’s very popular, so let’s learn how Zomato earns money. Zomato’s revenue is generated by taking commissions from restaurants, platform charges, and delivery fees from customers. Zomato also has expenses such as paying delivery partners, refunds, and the operational costs of the platform. When you order anything from Zomato, you pay three charges: the price of the food, the restaurant’s headline charge, and the delivery charge that Zomato imposes.