Zomato Launches Ticket Reselling Feature: What You Need to Know!

Updated : Aug 28, 2024 17:46
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Editorji News Desk

Can’t make it to that event you bought a ticket for? No problem! Zomato's new feature lets you resell your ticket to someone else.

Launching on September 30 with the 'Zomato Feeding India Concert,' this 'Book Now, Sell Anytime' feature makes it easy to offload your tickets if your plans change.

“If their plans change for any reason, they can list their ticket on the Zomato app for a price lower or higher than their original purchase price (capped at 2x of the current phase price live on the ticketing platform),” Zomato Live Entertainment CEO Zeenah Vilcassim wrote in a blog post.

“The seller will get the full value of their listed price transferred to their preferred payment method (subject to applicable taxes),” she added.

This announcement follows Zomato's recent move to acquire Paytm's entertainment and ticketing business for ₹2,048 crore, as part of its strategy to strengthen its presence in the 'going-out' segment.

The cash deal was approved by the boards of both Zomato and Paytm on August 21, according to statements made by the companies to the exchanges.

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