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.
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 ...
Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 13X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising competition.
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 ...