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Food delivery major Swiggy has not seen any adverse impact from its recent decision to levy a platform fee on its users and believes food delivery or dine out services has not slowed despite macroeconomic conditions.
Swiggy started charging a platform fee in April. No matter how many products are in the cart, there is a fee. CEO and co-founder of the business Sriharsha Majety ascribed the decision to a slowdown in the delivery industry.
While a platform fee of Rs 2 may look small as it only represents 0.5 percent of Zomato’s average order value (AOV) of around Rs 415, it would still amount to a large corpus.
According to the analysis in the report, the first GoM Report on Online Gaming appears to be a deviation from the laid down judicial principles and the recognition of legal status of online games approved under the IT Rules, , online gaming
The platform fee is over and above the convenience and handling fees for food delivery.