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 ...

The NPCI is proposing to cut interchange fee on wallet-based UPI transactions. This and more in today’s ETtech Morning ...

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 ...

To maintain its lead, Blinkit has announced SKU (stock-keeping unit) expansion and is expanding into tier-II cities. (Image/Reuters) Zomato has invested an additional ₹500 crore in its quick ...

Foodtech firm Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, taking its total investment in the platform to Rs 2,800 crore since its acquisition in August 2022.

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.

The brokerage firm, UBS, said that while the slowdown in food delivery surprised, Zomato’s margin expansion was a positive point. However, Blinkit’s growth being on the higher side was a surprise.

Zomato Ltd faced double trouble in the December quarter (Q3FY25) as its two main businesses – food delivery and quick commerce (Blinkit)— drastically fell short of expectations. Of course ...

According to Zee Business estimates, Zomato’s consolidated revenue is expected to rise by thirteen point nine percent sequentially to Rs 5465 crore from Rs 4799 crore in Q2FY25. Blinkit, Zomato’s ...

His statement underscores the mounting pressures faced by Zomato, particularly through its quick commerce arm, Blinkit. As Bhatnagar put it, “Q-commerce has started to get extremely fierce and ...

Zomato’s share price plunged around 10 per ... The company’s quick commerce arm, Blinkit, remains a major drag on performance. Blinkit’s adjusted core loss widened to 1.03 billion rupees ...

Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in India's instant delivery market. Blinkit now aims to reach 2,000 dark ...