Zomato’s quick-commerce business, Blinkit, is accelerating its expansion in India, but it expects losses to continue piling up as competition intensifies in India’s instant delivery market.
Bad news for Blinkit, Zepto, and Swiggy Instamart: In a move that could impact the quick commerce delivery market, Topmate, a new Indian startup, has claimed of “delivering” humans in 10 minutes.
Large cities continue to bring in the largest chunk of revenue for Blinkit, but foodtech major Zomato is now looking to open more dark stores for its quick commerce arm in smaller cities over the ...
BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. That is a good business strategy. But concerns about possible fraud, customer trust, and the legitimacy of the products are ...
Devotees from around the globe are participating in the sacred event. In a unique initiative, quick-commerce service Blinkit has set up a temporary store at the Maha Kumbh Mela in Prayagraj. This ...
Foodtech firm Zomato has invested Rs 500 crore in its quick commerce arm Blinkit, taking its total investment in the platform to Rs 2,800 crore since its acquisition in August 2022.
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
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