Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...

The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...

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

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 ...

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

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, ...

TV18 Managing Editor Shereen Bhan, Albinder Dhindsa, the CEO of Zomato’s Blinkit, said his firm is exploring quick commerce ...

Zomato reported a significant 57.2% drop in net profit in the December quarter due to increased expenses from aggressive ...