Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability ...
Zomato is projected to show strong Q3FY25 growth, with a 66% YoY revenue boost, fueled by growth in food delivery and Blinkit ...
Blinkit's competition with Zepto and Swiggy intensifies, the company's strategic focus on growth and diversification ...
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.
Brokerages tracked by Business Standard estimate Zomato's profit after tax (PAT), on an average, to increase 65.5 per cent ...
Zomato shares jumped 3% to INR 248.65 apiece on the BSE after JM Financial reiterated its ‘buy’ rating on the stock.