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, ...
As quick commerce giants Instamart, Blinkit, and Zepto constantly come up with new innovations and product expansions to ...
The NPCI is proposing to cut interchange fee on wallet-based UPI transactions. This and more in todays ETtech Morning ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
Out of the 28 analysts that have coverage on Zomato, 24 of them have a 'Buy' rating on the stock, one of them say 'Hold', ...
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 ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...