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, ...
Sharing insights on Zomato's recent move to reduce foreign institutional ownership, Dhindsa also outlined Blinkit’s key ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
TV18 Managing Editor Shereen Bhan, Albinder Dhindsa, the CEO of Zomato’s Blinkit, said his firm is exploring quick commerce ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
Today we've opened a temporary Blinkit store in Maha Kumbh Mela, Prayagraj to serve pilgrims and tourists. This one is a 100 ...
The October to December period, or the third quarter of FY25, was the most competitive quarter in the last 2-3 years, ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...