Blinkit Mumbai Facility Loses Food Licence on Cockroach Infestation
Blinkit has come under scrutiny after the Maharashtra Food and Drug Administration (FDA) suspended the food licence of its Malad West facility in Mumbai following...
Tag : Blinkit
Lower Average Order Value Threatens Blinkit’s Tier-2 Expansion
Blinkit’s push into Tier-2 cities is running into a problem, lower order values are testing whether its metro model can scale. Smaller towns do have...
The Future of Quick Commerce in India: Revolutionizing Retail Through Speed and Convenience
The retail landscape in India is undergoing a dramatic transformation, driven by technological advancements and evolving consumer expectations. At the forefront of this revolution is...
Swiggy Zomato Shares Slump Over Growing Competition
Shares of rapid commerce companies Swiggy and Zomato continued to decline, falling an additional 3% on January as worries about the industry’s escalating competitiveness grew....
Quick Commerce Penetration Beyond Metro Cities in India
Quick Commerce services in India are at a crucial stage, similar to food delivery services a few years ago. The quick commerce sector in India...
Zomato Shares Soar to a 52-week High as it Reports First Ever Net Profit
Zomato share prices rose as much as 13.5% during the intraday trade on Friday as the food aggregator posted its first-ever profit aided by operational...
Zomato Shares Rise 2% After Q4 Loss Narrows, Boosting Profit Hopes
Shares of Zomato Ltd rose nearly 2% on May 22 after narrowing losses in the fourth quarter, and the company said it expects to be...
Blinkit Delivery Riders Go on Strike as Payout Reduced Rs 15 per Delivery, 60+ Dark Stores Shut
Zomato-owned quick commerce platform Blinkit has reportedly shut down over 100 dark kitchens in Delhi-NCR regions of Gurugram, Faridabad, Ghaziabad, Noida, and Greater Noida due...
Zomato Shares Rise Ahead of December Quarter Results
With Paytm turning an operating profit in the third quarter, all eyes are now on Zomato’s October-December 2022 quarterly results to see if the new-age...
Zomato Cuts Investment in Blinkit to $320 Million
In an earnings call on August 2, Zomato co-founder Deepinder Goyal said that Zomato is lowering its overall investment guidance in Blinkit to $320 million...