Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling ...
Zomato's Q3FY25 financial report shows a decline in profit, growth in revenue, and investments in quick-commerce expansion.
Blinkit will now offer quick deliveries of smartphones and feature phones in select Indian cities. The Zomato-owned company is expanding the range of devices it sells and has partnered with brands ...
Blinkit launched Bistro on the Google Play Store, followed by a rollout in select Gurugram locations on January 10.
This dominance marks a remarkable turnaround for Blinkit, which faced multiple challenges before Zomato acquired it in 2022 for $568 million (~₹4,477 crore). Blinkit has accelerated its ...
Zomatos stock dropped 5% amid disappointing Q3FY25 results, but experts remain optimistic about its long-term growth ...
Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s revenue from operations in the December ...
On a quarterly basis, the ad expenditure for the food delivery platform increased 19%, from Rs 421 crores in the quarter ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
Last week, Zomato infused ₹500 crore into Blinkit, taking its overall investment in the quick-commerce subsidiary to ₹2,800 crore since it acquired the firm (earlier known as Grofers ...
Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India's instant delivery market.