Blinkit, the quick commerce arm of Zomato, posted an adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) loss of Rs 103 crore in Q3FY25, a 16 percent increase year-on ...

In a conversation with CNBC-TV18’s Shereen Bhan on Young Turks Reloaded, Albinder Dhindsa, CEO of Blinkit, emphasised that the company has always felt like a domestic company despite foreign ...

Analysts who track shares of Zomato Ltd. have cut their price targets for the stock after the food delivery aggregator reported a mixed performance in the December quarter. The company expects further ...

Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...

Blinkit’s increased losses, which came on account of the company’s expansion ... As of now, it seems like we will get to our target of 2,000 stores by December 2025, much earlier than our previous ...

Zomato’s stock price took a hit as a result of the earnings. The stock fell sharply after the results announcement. It ended Monday’s trade at Rs 230.70, down 7.3% on the National Stock Exchange (NSE) ...

Zomato Ltd faced double trouble in the December quarter (Q3FY25) as its two main businesses – food delivery and quick commerce (Blinkit)— drastically fell short of expectations. Of course ...

Brokerages have been optimistic on Zomato considering the long-term prospects, while Blinkit and store expansion have dragged the profitability in the short-term. The management expects losses in ...

Food delivery giant Zomato has pumped in another ₹500 crore into its quick commerce arm, Blinkit. The investment was revealed in documents submitted to the Registrar of Companies (RoC ...

According to Zee Business estimates, Zomato’s consolidated revenue is expected to rise by thirteen point nine percent sequentially to Rs 5465 crore from Rs 4799 crore in Q2FY25. Blinkit, Zomato’s ...