Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
Sharing insights on Zomato's recent move to reduce foreign institutional ownership, Dhindsa also outlined Blinkit’s key ...
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
Fresh off a transformative year, Dhindsa outlined the quick commerce platform’s strategic focus on expansion and investments ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
The October to December period, or the third quarter of FY25, was the most competitive quarter in the last 2-3 years, ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
Today we've opened a temporary Blinkit store in Maha Kumbh Mela, Prayagraj to serve pilgrims and tourists. This one is a 100 ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...