Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling ...
Like Blinkit, this paradox is just as true for any other quick commerce company fooling itself with the notion that it has ...
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
Blinkit expands its offerings by including smartphones from Xiaomi and Nokia, alongside iPhones. The service operates in ...
Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion ...
BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. However, previous delivery problems at BlinkIt ...
E-commerce companies like Zomato and Blinkit are increasingly turning to 3PL providers to streamline operations and reduce ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
India's quick commerce sector is expanding quickly and offers a plethora of chances for expansion and innovation.
Zomato's quick commerce arm Blinkit is focusing on achieving its target of 2,000 stores by December 2025, instead of 2026, ...