March saw Zomato processing 2 million online orders, with 23% MoM growth
Advertisement
Advertisement
Also read: The Zomato of fashion is here
In a blog post, Zomato said that the journey from one million orders to two million orders was not easy, and the company learnt a lot about what matters and what does not during this period.
Also read: HSBC halves Zomato's $1 billion valuation
It adds that it has been able to reach the milestone because of better customer retention and a "maniacal focus on customer support."
Advertisement
Also read: Upskill yourself with this course and you can land a job with Paytm, Zomato
The company, which spends only about $50,000 a month on marketing its online food ordering service, charges an average commission rate of about 8.5% (for restaurant-delivered orders), a major contributor in its financials.
While a few months back, the restaurant supply was available from 12,000 restaurants, it has now gone up to 18,000.
(Image source KnowStartup)
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Markets extend gains for 5th session; Sensex revisits 74k
- Top 10 tourist places to visit in Darjeeling in 2024
- India's forex reserves sufficient to cover 11 months of projected imports
- ITC plans to open more hotels overseas: CMD Sanjiv Puri
- 7 Indian dishes that are extremely rich in calcium