Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability ...
Food delivery giant Zomato has pumped in another ₹500 crore into its quick commerce arm, Blinkit. The investment was revealed ...
Zomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkits ...
Zomato has invested an additional Rs 500 crore in its quick-commerce subsidiary Blinkit, bringing its total investment to Rs ...
Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August ...
The new-age tech stock is trading 21 per cent below its all-time high mark amid weak market sentiment and last settled 2.8 ...
As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to ...
Currently, Blinkit holds a 45% market share in the quick commerce segment, along with the highest gross order value (GOV), exceeding $3 billion.
The latest infusion comes after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP) in November ...
The latest investment, which comes shortly after Zomato’s Rs 8,500 crore QIP, brings the firm’s total investment in Blinkit ...
Brokerages tracked by Business Standard estimate Zomato's profit after tax (PAT), on an average, to increase 65.5 per cent ...
Blinkit's competition with Zepto and Swiggy intensifies, the company's strategic focus on growth and diversification ...