Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
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, ...
Blinkit’s adjusted EBITDA loss surged about 8X to INR 103 Cr in Q3 FY25 from INR 8 Cr in the preceding quarter, amid rising ...
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Blinkit's increased losses, resulting from its expansion efforts, also impacted the profitability of its parent company.
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
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’s revenue from operations surged 64.4% to Rs 5,405 crore in Q3 FY25 in contrast to Rs 3,288 crore in Q3 FY24. The ...
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...