Commissions Bite As 35% Restaurants Willing To Exit Food Delivery Apps
The average ‘per order’ commission has increased from 9.6 per cent in 2019 to 24.6 per cent in 2023, a report shows
Consumer
Food & Beverage.
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Food & Beverage.
McDonald’s Strengthens Presence In Jharkhand With 2 New Restaurants
- by BW Retail World Bureau
- August 6, 2025
New restaurants offer a combined seating capacity of 197 and span a total area of 3,034 square feet, with both dine-in and takeaway options available
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E-commerce & Marketplaces
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Tata May Enter Food Delivery Space, Plans To Take On Swiggy, Zomato
- by BW Retail World Bureau
- February 9, 2024
Tata Group is reportedly planning to enter the online meal-ordering business. According to media reports, the company’s’super app’, Tata Neu, intends to launch its food delivery service through the government’s Open Network for Digital Commerce (ONDC). The Tata Neu app already includes a food category page. When users click it, the app exclusively displays menus from […]
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Speciality Restaurants Net Profit Dips 7.8% In Q3 Despite Revenue Growth
- by BW Retail World Bureau
- January 18, 2024
Speciality Restaurants on Wednesday reported a fall of 7.8 per cent in consolidated net profit at Rs 14.17 crore in the third quarter (Q3) ended 31 December 2023 as against the net profit of Rs 15.38 crore in the same period of the previous financial year, it said in the regulatory filing. However, the company’s […]
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Zomato Pilots Daily Payouts For Small Restaurants
- by BW Retail World Bureau
- January 11, 2024
Zomato, a food-delivery platform, recently said it would begin paying small restaurant partners daily, eliminating the current weekly payment structure. “Our discussions with various restaurant partners highlighted the financial challenges smaller eateries face, using the traditional weekly payout system. This feature is designed to address this critical need for more frequent access to earnings,” Zomato wrote […]
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Zomato Rings In Record-Breaking New Year’s Eve With Order Explosion
- by BW Retail World Bureau
- January 1, 2024
In a spectacular display of its growing dominance in the food delivery industry, Zomato celebrated a triumphant New Year’s Eve, marking a significant surge in orders that eclipsed previous years’ records. Zomato CEO Deepinder Goyal took to social media to share some incredible news. In a post, he unveiled a remarkable achievement for the platform […]
News
Retail
Pune’s First Luxury Lifestyle Destination Kopa To Open Its Doors To Consumers On 21 October
- by BW Retail World Bureau
- October 20, 2023
Pune’s first luxury lifestyle destination, Kopa will open its doors to consumers on Saturday. Brought to Pune by Lake Shore – a pan-India investor, developer and operator of large-scale shopping centres – Kopa promises a community lifestyle experience that is unmatched by any mall in Pune. Kopa is a boutique social destination that has been […]
E-commerce & Marketplaces
News
ONDC Celebrates Landmark Achievement In Online Food Delivery
- by BW Retail World Bureau
- August 30, 2023
Open Network for Digital Commerce (ONDC), recently celebrated a major milestone in its journey with over 50,000 restaurants now live for placing online orders on the Open Network, across 172 cities in the country. The number of restaurants on the Open Network shot up from 500 in February 2023 to 50,000 in August 2023, depicting […]
Logistics
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States
Heavy Rain Disrupts Online Delivery Services in Delhi-NCR
- by BW Retail World Bureau
- July 11, 2023
The recent heavy rain in urban areas, including Delhi and the National Capital Region, has severely disrupted online deliveries, causing inconvenience to consumers who have come to rely on these services for daily essentials, food, and medicine, particularly during the pandemic. The drainage system was overwhelmed, leading to waist-high flooding on roads and rendering large clusters unserviceable. […]
Food
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Cost of Veg and Non-Veg Thalis Rises In India
- by BW Retail World Bureau
- July 7, 2023
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to Crisil Market Intelligence and Analytics report. Crisil’s monthly indicator of food plate cost said that soaring tomato, pulses, and staple grain prices have added pressure on […]