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, ...

Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...

The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...

According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...

Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...

Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...

Speaking to CNBC-TV18 about the company's future, Dhindsa expressed optimism that the momentum seen over the last two years ...

Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...

Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion ...

Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...