Sharing insights on Zomato's recent move to reduce foreign institutional ownership, Dhindsa also outlined Blinkit’s key ...
Fresh off a transformative year, Dhindsa outlined the quick commerce platform’s strategic focus on expansion and investments ...
The October to December period, or the third quarter of FY25, was the most competitive quarter in the last 2-3 years, ...
Zomato's quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
Today we've opened a temporary Blinkit store in Maha Kumbh Mela, Prayagraj to serve pilgrims and tourists. This one is a 100 ...
Zomato's Q3FY25 financial report shows a decline in profit, growth in revenue, and investments in quick-commerce expansion.
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
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 ...
Zomato Ltd.’s profit dropped 57% last quarter, as losses in its rapid delivery unit widened due to increased competition and ...