Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
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 food delivery aggregator’s EBITDA stood at ₹162 Crore, against ₹51 Crore in the previous corresponding period.
The NPCI is proposing to cut interchange fee on wallet-based UPI transactions. This and more in todays ETtech Morning ...
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer ...
Zomato expects Blinkit’s losses to continue in the near term on the back of sustained store expansion and customer ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
Speaking to CNBC-TV18 about the company's future, Dhindsa expressed optimism that the momentum seen over the last two years ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...