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.
Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 13X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising competition.
BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. That is a good business strategy. But concerns about possible fraud, customer trust, and the legitimacy of the products are ...
Blinkit faces stiff competition from key players like Swiggy Instamart, which recently went public, and Zepto, backed by Lightspeed, which secured $1.3 billion in funding last year. Other major ...
The Maha Kumbh Mela in Prayagraj, Uttar Pradesh, has attracted millions of pilgrims and tourists, and Blinkit has stepped in to meet their requirements with a temporary store. Blinkit CEO Albinder ...
Online quick-commerce platform Blinkit has opened a temporary 100 sq ft store at the Maha Kumbh Mela in Prayagraj, catering to the needs of millions of pilgrims and tourists attending the event.
Bad news for Blinkit, Zepto, and Swiggy Instamart: In a move that could impact the quick commerce delivery market, Topmate, a new Indian startup, has claimed of “delivering” humans in 10 minutes.
Blinkit or Zomato have not issued any official response regarding the matter. A woman in Ghaziabad recently claimed that her family members were assaulted by several Blinkit delivery partners at ...
Quick-commerce company Blinkit announced a partnership with Xiaomi and Nokia to bring their phones to buyers in just 10 minutes, starting in parts of Delhi NCR, Mumbai, and Bengaluru. This comes ...
Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The ...
While, on average, that translates to over one new Swiggy dark store everyday, the pace of growth was slower when compared with rival Blinkit. In Q3FY25, Zomato's quick commerce arm, Blinkit ...