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Zomato’s Path To Profitability
short by Pratham Nagpal / on Monday, 6 November, 2023
In Q2 2023, Zomato's expenses rose by 16.3% compared to the previous quarter, while revenue increased by 10%. This growth is attributed to improved transaction profitability, with the platform fee (ranging from INR 1-5) showing no negative impact on demand elasticity. Zomato Pro also played a significant role in boosting revenue.
read more at Inc42 Media