As Zomato’s quick commerce arm Blinkit focuses on achieving its target of 2,000 stores by December 2025, instead of December 2026, only the top 50 stores as of the third quarter of the financial ...
In all, while Swiggy had a total of 705 dark stores at the end of Q3FY25, Blinkit had 1.007 dark stores at the end of the ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
Blinkit, for the first time ... 2-3 years,” CEO Dhindsa told analysts while discussing the company’s quarterly results. A competitive market means companies spend more on marketing, acquiring ...
Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company ...
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
The firm’s profit after tax plummeted 57% year-on-year to ₹59 crore in the December quarter, weighed by Blinkit’s ₹103 crore loss. Zomato is also investing in its new events-focused ...
India’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week.
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this, overal ...
beating its own projections by one quarter. Blinkit added 368 stores and 1.3 million square feet of warehousing space in the last two quarters, and the acceleration led to losses of ₹1.03 ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.