What Is Sigmoid Function?
The sigmoid function is a mathematical function that takes in any input, a, and returns a value between 0 and 1. It is defined as: sigmoid(a) = 1 / (1 + e^(-a)) where e is the base of the natural logarithm. The sigmoid function has a “S” shaped curve, and […]
Tulips and Tender Moments
Inter-city food delivery built to be profitable will break even much faster: Zomato.
Inter-city version’s average order value is over Rs 950 – around 2.5 times that of intra-city food deliveries. Currently, 30 percent of the users ordering daily are repeat customers. Zomato plans to expand its inter-city food delivery feature to about 5-10 cities over the next few months but not without […]