Quick commerce is making fast inroads in India | TechCrunch
Mar 11, 2024 · Zomato’s Blinkit leads the quick commerce market in India, having cornered as much as 46% of the market share by GMV in the quarter that ended in December, according …
Blinkit now the largest player in major metros except Chennai ...
Oct 22, 2024 · Akshant Goyal, chief financial officer (CFO) of Zomato, said Blinkit has become the largest player in quick commerce across major metropolitan cities, except for Chennai and …
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 …
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.
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 …
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 …
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 …
Blinkit to become bigger than Zomato in one year? What …
Blinkit’s growth has outpaced Zomato’s core food delivery business in the third quarter (Q3) of financial year 2023-24 (FY24) with gross order value (GOV) growing 103 per cent year-on-year ...
Zomato, its first full-year profit in pocket, turns focus on Blinkit
May 13, 2024 · The delivery platform swung to a profit both for the March quarter and the 2023-24 financial year Zomato is looking to add nearly 100 Blinkit stores by June.
From cabbage to caps: Inside Blinkit’s game plan to deliver ... - Mint
Jan 24, 2024 · The food delivery company, hungry for growth, acquired Blinkit in August 2022. How will the acquisition pan out? More on this later. First, let’s rewind a bit to understand …