Zepto cuts discounts, raises brand fees to curb cash burn: Report

Zepto cuts discounts, raises brand fees to curb cash burn: Report

Zepto is working to rein in its cash burn and boost inflows, following months of aggressive spending aimed at scaling the business and competing better. Sources said the Bengaluru-based company has increased the commission it charges certain brands listed on the platform and cut user discounts and performance marketing.

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