Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over the next year ...
TV18 Managing Editor Shereen Bhan, Albinder Dhindsa, the CEO of Zomato’s Blinkit, said his firm is exploring quick commerce ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Speaking to CNBC-TV18 about the company's future, Dhindsa expressed optimism that the momentum seen over the last two years ...
Blinkit's increased losses, resulting from its expansion efforts, also impacted the profitability of its parent company.
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...