The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
Like Blinkit, this paradox is just as true for any other quick commerce company fooling itself with the notion that it has ...
Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August ...
Zomato's quick commerce arm Blinkit is focusing on achieving its target of 2,000 stores by December 2025, instead of 2026, ...
Zomato Ltd.'s profitability is expected to remain subdued in current and next financial year as Blinkit expands aggressively, ...
E-commerce companies like Zomato and Blinkit are increasingly turning to 3PL providers to streamline operations and reduce ...
About half the Zomato store expansions in recent quarters were in top eight cities, 20% in new cities, and the rest in non ...
As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to ...
Zomato has invested Rs 500 crore (~$60 million) in Blinkit, bringing its total investment in the quick commerce segment to Rs ...
Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...