Zomato is projected to show strong Q3FY25 growth, with a 66% YoY revenue boost, fueled by growth in food delivery and Blinkit ...
Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability ...
Blinkit's competition with Zepto and Swiggy intensifies, the company's strategic focus on growth and diversification ...
Adjusted revenue for the December quarter will likely grow 55% year-on-year, according to global brokerage firm Jefferies, ...
Food delivery giant Zomato has pumped in another ₹500 crore into its quick commerce arm, Blinkit. The investment was revealed ...
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 ...
The new-age tech stock is trading 21 per cent below its all-time high mark amid weak market sentiment and last settled 2.8 ...
The latest infusion comes after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP) in November ...
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 ...
Currently, Blinkit holds a 45% market share in the quick commerce segment, along with the highest gross order value (GOV), exceeding $3 billion.
Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts ...