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Swiggy Instamart to increase delivery fees
Swiggy plans fee hike for Instamart, eyes higher take rate from grocery delivery business
Swiggy’s CFO Rahul Bothra told reporters that it plans to increase fees for its grocery delivery service, Instamart, with the aim of increasing its potential take rates from the business from 15% to 20-22%.
Swiggy Considering A Hike In Delivery Fees On Instamart Platform
Rahul Bothra, CFO, told analysts on Tuesday that the online delivery firm is planning to hike the delivery fee charged to its customers using Instamart to help improve the profit margins
Swiggy to increase Instamart delivery charges? Here's what we know
At the moment, delivery is free only for Swiggy One (the loyalty programme) users while others have to pay a fee
Swiggy likely to increase delivery charge on Instamart orders: Report
Currently, Swiggy subsidises delivery fees through its loyalty program, Swiggy One, and discounts for new users. While delivery is free for Swiggy One members, other customers pay a dynamic fee.
Swiggy mulls increasing Instamart delivery charges to boost profit margins
Bothra, addressing analysts after announcing Swiggy’s quarterly results on December 3, noted that the delivery fee construct would gradually shift to reflect the actual costs, although he did not provide a specific timeline for the price hike.
Swiggy Instamart to increase delivery fees; here’s what CFO Rahul Bothra told analyst
Swiggy plans to increase delivery fees for Instamart orders as part of its strategy to boost revenue. CFO Rahul Bothra indicated this move follows a previous platform fee hike. The company aims to enhance its take rates and improve margins through additional monetization,
3h
Swiggy Instamart vs Blinkit: Tough battle ahead in quick commerce race
Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses ...
11h
on MSN
Swiggy’s Instamart pushes for higher average order value; analysts say metric's growth key to improve profitability
Swiggy Instamart's average order value (AOV) of Rs 499 has come in low compared to its competitors like Blinkit and Zepto.
2d
Swiggy Loss Weighed by Instamart, Expects Operating Profit by End-2025
Food delivery platform Swiggy Ltd. posted a smaller quarterly loss and said it expects to become profitable by the final ...
3h
Blinkit vs Instamart: Chasing a moving target in quick commerce race
Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses ...
newsbytesapp.com
1d
Your Swiggy Instamart orders may become costlier soon
Swiggy, a major player in the food and grocery delivery space, is considering raising delivery charges for its quick commerce ...
1d
on MSN
Swiggy plans to add over 430 Instamart dark stores by March, eyes contribution break-even next year
The firm plans to take quick commerce dark store count from 609 to 1046 by March 2025; targets consolidated group-level ...
MediaNama
8h
Swiggy reports 17.1 Million active users, 230 Million orders in first earnings release post IPO
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
2d
on MSN
Swiggy Instamart at an inflection point amid rising competition: CEO Sriharsha Majety
Swiggy
’s quick-commerce arm,
Instamart
, is navigating an inflection point as it faces rising competition and rapidly ...
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