No material revenue impact from Blinkit strike: Zomato
Most Blinkit stores have now resumed operations, says Zomato
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Blinkit strike causes 1% revenue loss in 3-4 days: ICICI Securities
Blinkit delivery executives went on strike last week, demanding the rollback of recent changes made to delivery incentive structures in Delhi NCR.
Blinkit, Zepto, Instamart, JioMart, DMart: Jefferies orders groceries to find best discounts
Quick commerce players offer the lowest discounts due to their focus on convenience.
Zomato shares slide 7% as Q3 loss widens; analysts see 84% potential upside
Zomato’s Q3 loss widened to ₹346.6 crore in Q3 FY23, against a loss of ₹63 crore in the year-ago period and ₹250.8 crore loss in Q2 FY23.
Dunzo, Blinkit, Zepto new distribution platforms for FMCG majors
According to a recent report by Nuvama Institutional Equities Research, 10% of HUL's ice cream sales in Q2 of FY23 came from quick commerce.
Swiggy FY22 loss doubles to ₹3,628 cr; revenue grows 2x
The net loss of the food and grocery delivery platform widened due to sharp rise in expenses, which spiked to ₹9,748.7 crore, from ₹4,292.8 crore a year ago.
Blinkit to now deliver Apple iPhone 14 in ‘minutes’: CEO
After offering 10-minute grocery delivery, and printout services, Zomato-owned Blinkit comes up with iPhone 14 delivery service
Zomato share dives 10% on Uber stake sale report
Uber plans to sell its entire 7.8% shares in Zomato at ₹48-₹54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of ₹55.60 on the BSE.
Zomato share halts four-session losing streak; rises 4%
Zomato share price has fallen 25% in the four sessions starting Monday after it announced the acquisition of instant grocery delivery firm Blinkit.
What's behind Zomato’s Blinkit acquisition?
Revenue growth in food delivery is tapering out. How do you continue growing? Quick commerce opens up a new market as the grocery market is much larger than the food delivery market, says an analyst
