To maintain its lead, Blinkit has announced SKU (stock-keeping unit) expansion and is expanding into tier-II cities. (Image/Reuters) Zomato has invested an additional ₹500 crore in its quick ...
Foodtech firm Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, taking its total investment in the platform to Rs 2,800 crore since its acquisition in August 2022.
According to Zee Business estimates, Zomato’s consolidated revenue is expected to rise by thirteen point nine percent sequentially to Rs 5465 crore from Rs 4799 crore in Q2FY25. Blinkit, Zomato’s ...
Blinkit, the quick commerce market leader, has received Rs 500 crore in fresh capital infusion from its parent company Zomato, according to filings made with the Registrar of Companies (RoC ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil orders at its Blinkit quick ...
Zomato's CEO Deepinder Goyal commends Blinkit's innovative 10-minute ambulance service in Gurugram. Leveraging its hyperlocal delivery network, the service provides around-the-clock medical ...
Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain (dark store and warehouse network) and rising competitive pressures in quick commerce. According to ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this, overall revenue surged 64% to Rs 54.05 billion.