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, ...
Zomato Ltd.'s profitability is expected to remain subdued in current and next financial year as Blinkit expands aggressively, ...
As quick commerce giants Instamart, Blinkit, and Zepto constantly come up with new innovations and product expansions to ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
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 ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
Sharing insights on Zomato's recent move to reduce foreign institutional ownership, Dhindsa also outlined Blinkit’s key ...