Foodtech major Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the year-ago quarter ...
FY25 net profit fell 57 per cent YoY to Rs 59 crore due to increased costs from Blinkit’s rapid expansion. Market sentiment ...
Co-founder of Dunzo, Kabeer Biswas joined India's homegrown e-commerce giant Flipkart to lead its quick commerce segment ...
Zomato stock has slipped into a correction phase. On Friday, the equity shares of food delivery company settled at Rs 242.94, ...
The move likely won’t have direct impact on most enterprise users, but indirect impact — which could be just as bad — is a definite possibility. Editor’s note: On Jan. 3, 2025, WordPress ...
Below is a collection of 10 charts that tell the story of market and economic resiliency in 2024 — with all eyes set on 2025. It was a record-setting year on Wall Street, with the S&P 500 ...
It was in June 2022 when Zomato acquired Blinkit for USD 568 million in an all-stock deal. In the following years, Zomato continued to invest big amounts of money in Blinket for its growth. Not ...
Perhaps January is the cruellest month. The NHS began 2024 without any planning guidance for 2024/25, a further junior doctors strike, and parliamentarians observing that dental appointments were ...
Zepto earns much larger revenue than Swiggy Instamart and Zomato's Blinkit. Meanwhile, competition in the quick commerce space is heating up, too, with several new entrants. Bigbasket pivoted ...
keeping hold of its first place position at the top of the Mass Market Fiction chart. In total this week, volume sales have dropped 45.3% to 4.8 million, delivering sales of £48.1m, a decline of 46%.
Magicpin, supported by Zomato, aims to go public in 2025. The company will enter the quick commerce segment for food delivery under the magicNow brand in several cities. Magicpin successfully ...