Quick commerce leader Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion ...
TV18 Managing Editor Shereen Bhan, Albinder Dhindsa, the CEO of Zomato’s Blinkit, said his firm is exploring quick commerce ...
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 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 ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net ...
Zomato recorded fiscal third quarter earnings with profit dropping significantly to Rs 59 crore. Zomato said that its margins ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...