The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
E-commerce companies like Zomato and Blinkit are increasingly turning to 3PL providers to streamline operations and reduce ...
Zomato's quick commerce arm Blinkit is focusing on achieving its target of 2,000 stores by December 2025, instead of 2026, ...
Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...
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, ...
About half the Zomato store expansions in recent quarters were in top eight cities, 20% in new cities, and the rest in non ...
Zomato Ltd.'s profitability is expected to remain subdued in current and next financial year as Blinkit expands aggressively, ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
Out of the 28 analysts that have coverage on Zomato, 24 of them have a 'Buy' rating on the stock, one of them say 'Hold', ...
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...