Govt summons Zomato, Swiggy & others over deep discounting, predatory pricing

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Deal Cadet
paldeb

https://economictimes.indiatimes.com/small-biz/...
Govt summons Zomato, Swiggy & others over deep discounting, predatory pricing
DPIIT to hold talks today with Swiggy, Zomato, Foodpanda and UberEats, and restaurant associations.

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Deal Cadet Deal Cadet
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govt ki ma ka bharosa

Deal Subedar Deal Subedar
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lol. i was going to report it , but checked spelling before by chance.

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Deal Cadet Deal Cadet
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In the short term it may be bad. But it’s needed for a good future. Else the ones giving deep discounts will only remain tomorrow and dictate terms according to their will….

Like Magnet Like Magnet
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yes need control.. due to heavy discount by online merchants many businesses affected badly.

Post Mogul Post Mogul
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Discount means.. real cost of product is very low. Shop keepers charging over extra. Govt. Should check this instead of blaming these for providing things on reasonable price.

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Deal Newbie Deal Newbie
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Don’t get fooled by discounts. 50% discount means, half the quantity supply. You hardly get “Value for Money” quantity of meals. Check and compare when you order next time. Good Luck

Deal Cadet Deal Cadet
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Interesting info. But posted in wrong forum.
@admin

Critic Critic
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I wonder why govt didn’t intervene when Jio was giving deep discounts and brought the whole telecom sector down.

instead we saw pm posing for Jio on every newspaper.

first Amazon, now this, looks like these kind of shakedown is only reserved for anyone who is not Ambani.

already the employment is all time low, I don’t think the move would benefit any of us

Deal Major Deal Major
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anil was awarded the mumbai sea link contract last month though he failed in other business confused

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Helpful Helpful
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Will same rules applicable for Ambani? Who’s gonna start e-commerce website later next year

Deal Major Deal Major
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ambani adani are bein rewarded with contracts one after the other

if zomato swiggy took over by them then no harm in discounts

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Deal Subedar Deal Subedar
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lol why does it triggers the gormint so much if these startups are burning through investors money to offer some discounts for customer acquisition.
Both the customer and service provider wins.
Restaurant get more traffic = more revenue
A lot of them don’t even pay the cut of these food delivery apps themselves
they just adjust it in their menu prices listed on the platform. This is also borne by the customer + discounts given by these platforms.
This is a regressive move by the restaurant association. Rather than embracing the competition they want to keep their dominance buy such tactics.

Deal Cadet Deal Cadet
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Lol Foodpanda is also in list…they be like do we have any customer ??

Deal Subedar Deal Subedar
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Kaju barfi is 12 rs per piece in a sweet shop, but on zomato its 16 rs per piece…so already 25% hiked on zomato..
Delivery charge extra..

Helpful Helpful
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They Increase Price
Then Provide Discount
Also Decrease The Quantity And Quality Of Food.

Benevolent Benevolent
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Ambani or Adani might be thinking of entering the food business
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