Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling ...
Shares of Zomato plummeted 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator ...
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...
As quick commerce giants Instamart, Blinkit, and Zepto constantly come up with new innovations and product expansions to ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
Zomato's share price fell by nearly 10% in early trade on Tuesday, following a significant 57.25% decline in net profit for ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
The cash burn is not a question here. The question here is that Blinkit has always focused on assortment, on user experience, and on trying to basically be better ahead of peers. Their focus remains ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter ...