Quick commerce leader Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
The scorching pace of quick commerce is singing the business of Avenue Supermarts. The convenience of speedy deliveries has ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
Blinkit's increased losses, resulting from its expansion efforts, also impacted the profitability of its parent company.
Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...