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Zomato is raising close to half a billion dollars. I am extremely curious to see how their financial expenditures are. It's just an app. Does the money go to a
by ganeshkrishnan 7y ago
Zomato is raising close to half a billion dollars. I am extremely curious to see how their financial expenditures are.
It's just an app. Does the money go to acquiring new customers via ads? Subsidizing food? Customer service? Running servers?
- kylehotchkiss 7y ago40% off discount codes on every order like swiggy?
- thrwaway69 7y agoI doubt they spend a lot on customer service. The automatic conversation you are bombarded with has taken care of every issue I have ever had...all just results in refund or feedback to some unknown place. Swiggy has more human interaction but yeah, I think it's better to refund, save money on customer service and ban account after a certain threshold of profit you can get out of a person for a high growth unicorn.
- wsxcde 7y agoSwiggy is a scam! They stole 200 bucks from me (as food wastage charges) because I didn't look at my phone for 15 minutes after I placed an order with a full address that I had already fully paid for.
- mindentropy 7y agoYou are thinking like it is a technology company. I think app is just a small part of what they do.
- kkcorps 7y agoIt's All of the above plus Zomato Gold