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Zomato Share Price
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For a food delivery business, Average Order Value (AOV) is of the essence. Because it’ll cost Zomato almost the same to deliver an order of any value, but a higher value order will bring in more revenues, and thus, more profits. Money for Zomato is in how much expensive dishes its customers order.
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India’s online food delivery market is dominated by a duopoly (Zomato & Swiggy). Their take rate (commission charged from restaurants) is around 22% of the order value. This is quite a hefty sum compared to bigger global peers like DoorDash, who charge commission at less than half the rate that Zomato & Swiggy do!
Zomato share price
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