Quick commerce is making fast inroads in India | TechCrunch
Mar 11, 2024 · The quick commerce players — Zomato-owned Blinkit, Swiggy’s Instamart and YC Continuity-backed Zepto — can reach an estimated 25 million households, who are likely to spend an average of 4,000 to...
Zomato acquires Blinkit for $568 million in instant ... - TechCrunch
Jun 24, 2022 · Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time...
Blinkit | Latest & Breaking News on Blinkit | Photos, Videos, …
Get all latest & breaking news on Blinkit. Watch videos, top stories and articles on Blinkit at moneycontrol.com.
Zomato’s quick commerce unit Blinkit eclipses core food business …
Apr 25, 2024 · Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s...
Blinkit Takes Off: How Zomato’s Quick Commerce Bet Delivered …
May 13, 2024 · After a watershed FY24, Zomato's quick commerce platform seems to have turned around its story and fortunes with a huge spike in revenue. Blinkit reported total revenue of over INR 2,300 Cr for...
blinkit: Latest News & Videos, Photos about blinkit | The …
Oct 29, 2024 · Blinkit launches 10-minute returns for footwear, apparel categories. Blinkit CEO Albinder Dhindsa said that the Zomato-owned platform has been testing the return feature in Delhi NCR for a few weeks and has now enabled it for Mumbai, Bangalore, Hyderabad and Pune, with plans to expand to more cities soon. 15 Oct, 2024, 06:31 PM IST
Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal
Jun 25, 2022 · Food delivery platform Zomato has agreed to acquire instant grocery startup Blinkit for ₹ 4,447 crore ($569 million) in an all-stock deal, as it seeks to exploit a fast-growing market for quick...
Goldman Sachs says Blinkit now more valuable than Zomato's …
Apr 26, 2024 · Goldman Sachs recently stated that Blinkit, the quick commerce startup acquired by Zomato in 2022, is now valued higher than Zomato's main business of food delivery. In a recent note, the global brokerage firm valued Blinkit at Rs 119 per share, totaling a $13 billion equity valuation, which is higher than Zomato's core food delivery business ...
Zomato, its first full-year profit in pocket, turns focus on Blinkit
May 13, 2024 · Food-delivery company Zomato Ltd, which has turned in its first full-year profit, is now doubling down on its rapidly growing quick-commerce business Blinkit, aiming to add 100 dark stores by...
Blinkit more valuable than Zomato food delivery business ... - Moneycontrol
Apr 26, 2024 · The implied value of Blinkit, the troubled quick commerce startup that Zomato acquired in a fire sale in 2022, is now larger than that of Zomato’s core business (food delivery), analysts at...