Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling ...
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
Blinkit expands its offerings by including smartphones from Xiaomi and Nokia, alongside iPhones. The service operates in ...
India's quick commerce sector is expanding quickly and offers a plethora of chances for expansion and innovation.
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
Zomato's quick commerce arm Blinkit is focusing on achieving its target of 2,000 stores by December 2025, instead of 2026, ...
After offering Apple iPhones, Blinkit is now delivering Nokia and Xiaomi smartphones within 10 minutes in Delhi-NCR, Mumbai, ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
As quick commerce giants Instamart, Blinkit, and Zepto constantly come up with new innovations and product expansions to ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter ...