Zomato introduces buy now sell anytime for event tickets starting with Dua Lipa concert

[tachniki]

Zomato introduces buy now sell anytime for event tickets starting with Dua Lipa concert.

https://www.moneycontrol.com/news/business/zomato-introduces-book-now-sell-anytime-ticket-booking-feature-on-app-12807906.html

Can be sold even at more than 2x margin if bought at a discount with cards.

I think it will attract touts. Bad idea from Zomato.

 

[tharun]

Zomato introduces buy now sell anytime for event tickets starting with Dua Lipa concert.

https://www.moneycontrol.com/news/business/zomato-introduces-book-now-sell-anytime-ticket-booking-feature-on-app-12807906.html

These people are legally encouraging online back market

Can be sold even at more than 2x margin if bought at a discount with cards.

I think Zomato has capped at 2x of orginal price so the discount cards availability will be very low

I think it will attract touts. Bad idea from Zomato.

I agree it's a bad idea

 

[Harry1]

Does it combine with card offers?

Say if I purchase 1000x2 at 1200. Then list it at 1400. Then purchase 1400x2 at 800. Then list it at 1000. Then purchase 1000x2 at 600 and so on.

So, if I have multiple cards price can come down heavily .

 

[Zacobite]

Zomato introduces buy now sell anytime for event tickets starting with Dua Lipa concert.

https://www.moneycontrol.com/news/business/zomato-introduces-book-now-sell-anytime-ticket-booking-feature-on-app-12807906.html

Can be sold even at more than 2x margin if bought at a discount with cards.

I think it will attract touts. Bad idea from Zomato.

New Product - Zomato Black!! ..Will shut soon enough.. wont be encouraged by the events or govt

 

[tachniki]

New Product - Zomato Black!! ..Will shut soon enough.. wont be encouraged by the events or govt

Seriously hope so.

These people are legally encouraging online back market

Exactly.

 

[HumorSimpson]

With this we can buy and sell tomatoes on zomato like shares.

 

[theglobalinvestor]

This whole thing is just a marketing project for HSBC. They're desperately pushing their bank accounts and credit cards in recent times but the fools won't accept applicants from outside of some 10-15 or so major indian cities. They left India once due to poor response...maybe they will again. I mean how much demand can you expect if 90% of the country can't isn't eligible to bank with.

 

[Slayer]

This whole thing is just a marketing project for HSBC. They're desperately pushing their bank accounts and credit cards in recent times but the fools won't accept applicants from outside of some 10-15 or so major indian cities. They left India once due to poor response...maybe they will again. I mean how much demand can you expect if 90% of the country can't isn't eligible to bank with.

Could you shed more light on the marketing project from your pov

 

[sadhunath]

Does it combine with card offers?

Say if I purchase 1000x2 at 1200. Then list it at 1400. Then purchase 1400x2 at 800. Then list it at 1000. Then purchase 1000x2 at 600 and so on.

So, if I have multiple cards price can come down heavily .

Soon Nirmala Tai will introduce 30% tax on the profit.

 

[theglobalinvestor]

Could you shed more light on the marketing project from your pov

Hsbc copying amex event presales playbook. Right now you can book only with hsbc cards.

 

[tachniki]

Soon Nirmala Tai will introduce 30% tax on the profit.

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

TDS already applicable.

 

[ManojGowda]

Anyone bought and sold tickets later?
Want to know the experience

 

[Slayer]

The functionality is not live yet