Amazon is set to launch its quick commerce service, Tez, in India, initially focusing on groceries and essentials. The service is being tested with staff in Bengaluru, with Cocoblu Retail playing ...

BlinkIt has claimed it will deliver Xiaomi and Nokia phones in ten minutes. That is a good business strategy. But concerns about possible fraud, customer trust, and the legitimacy of the products are ...

Bistro is an offering by Zomato’s sister company Blinkit. This service targets the large in-office market that wants quick access to snacks, meals and beverages. This market currently meets ...

Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net profit for the December quarter. Zomato attributed the weaker numbers to ...

Quick-commerce company Blinkit announced a partnership with Xiaomi and Nokia to bring their phones to buyers in just 10 minutes, starting in parts of Delhi NCR, Mumbai, and Bengaluru. This comes ...

This has sparked worries about Blinkit's quick trading segment, which is valued at tens of millions of rupees, seeing slower growth and increasing losses.During the three-day selloff, Zomato's ...

However, they maintain that this strategy positions Zomato for sustained growth. For instance, Motilal Oswal views Blinkit’s rapid scaling as a “generational opportunity” in transforming ...

The quick delivery platform partners with Xiaomi and Nokia to offer phones in select metro cities, with plans for more devices and brands Blinkit, the quick delivery platform owned by Zomato ...

Zomato-owned Blinkit’s entry into this space was followed by Swiggy and privately-held Zepto. The mounting competition has prompted players to spend more on opening new delivery stores ...

This is because Zomato had invested heavily into its quick commerce arm Blinkit for expansion purposes as competitors like Zepto, Swiggy's Instamart, Tata's BigBasket, and Flipkart's Minutes pose ...

The steep decline in profit is on the back of increased expenses incurred on the expansion of the company's Quick Commerce (QC) platform- Blinkit. Revenue ... According to the brokerage, Zomato ...