Zomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkits ...
Food delivery giant Zomato has pumped in another ₹500 crore into its quick commerce arm, Blinkit. The investment was revealed ...
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 ...
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 ...
Zomato's remarkable growth trajectory is now at a crossroads as it battles profitability issues and fierce competition. With ...
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 ...
The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been ...
Zomato shares jumped 3% to INR 248.65 apiece on the BSE after JM Financial reiterated its ‘buy’ rating on the stock.
Currently, Blinkit holds a 45% market share in the quick commerce segment, along with the highest gross order value (GOV), exceeding $3 billion.