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, ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
Speaking to CNBC-TV18 about the company's future, Dhindsa expressed optimism that the momentum seen over the last two years ...
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’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 platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability ...