The board of directors at Indian online food delivery company Zomato has approved renaming the company as Eternal. The move ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Eternal would comprise its four major businesses - food delivery vertical Zomato, quick-commerce unit Blinkit, live events ...
BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. That is a good business strategy. But concerns about possible fraud, customer trust, and the legitimacy of the products are ...
The quick delivery platform partners with Xiaomi and Nokia to offer phones in select metro cities, with plans for more devices and brands Blinkit, the quick delivery platform owned by Zomato ...
Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The ...
The October to December period, or the third quarter of FY25, was the most competitive quarter in the last 2-3 years, Albinder Dhindsa, CEO of Blinkit, the quick commerce market leader ...
Blinkit, the quick commerce arm of Zomato, posted an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) loss of Rs 103 crore in Q3FY25, a 16 percent increase year-on ...
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.
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato's quick commerce platform Blinkit was a drag on profit. The segment's adjusted core loss widened to 1.03 billion rupees from last year's loss of 890 million rupees, even as orders surged.
As the Maha Kumbh Mela in Prayagraj, Uttar Pradesh, draws millions of pilgrims and tourists, Blinkit has introduced a temporary store to cater to the unique needs of the event’s visitors.