How zomato works? Business model and revenue model
In their office, they recognized how folks had to wait for a very long time to have a glimpse of the menu card. Each event is promoted on the zomato platform, earning the company another source of advertising revenue. Ultimately, delivery commissions differ based on whether zomato is fulfilling the order itself or using a associate. In 2014, international growth began with a presence established in qatar, sri lanka, south africa, and the uk to name a few. Five years later, zomato acquired seattle-based urbanspoon – giving it first access to the united states and australian markets. Zomato had recorded usd 205 million revenue last 12 months I.E., from apr-sep’19 as in comparability with usd 63 million in the same period in 2018. The restaurants get better visibility and attraction to a large section of the audience via zomato. Zomato has grown from a home project to one of the largest food aggregators on the earth. Zomato is at present presenting globally, enabling the vision of better ...