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BLINKIT GMV GROWTH
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big businessIndia's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams...- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- Eternal, Swiggy shares rally 3% but HSBC just reduced target prices. Should you buy?Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. Th...
- Eternal shares soar 6% ahead of Q3 results today. Here’s what to expectEternal's stock saw a significant jump today. The company is set to announce its third quarter results. Strong growth is anticipated, boost...
- Eternal Q3 Preview: Earnings set to grow 50% YoY; Blinkit losses persistEternal anticipates strong growth in the December quarter. Blinkit's shift to a first-party model and quick commerce are key drivers. Food ...
- Eternal Q1 Results Preview: PAT may fall up to 70% YoY amid margin hit. 5 things to watch out forEternal, which operates Zomato, is expected to report a sharp year-on-year decline in Q1FY26 PAT due to continued losses in Blinkit and hig...
- Swiggy GOV growth came at the cost of profitability: ProsusSwiggy invested heavily in building quick commerce capacity to tackle competition from Zomato’s Blinkit and Zepto. During the March quarter...
- Q4 results today: Adani Enterprises, Eternal among 14 companies to announce earnings on ThursdayIndian companies are gearing up to release their Q4 earnings, with Adani Enterprises and Adani Ports among the key names. All eyes are on E...
- Eternal to announce Q4 results today: Profit to take severe hit even as revenue growth seen strongEternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to d...
- Zomato Q3 Results Preview: Revenue may jump 66% YoY; rapid store additions to aid Blinkit growthZomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkit’s expansion. Blinki...
- Zomato shares may rise 22% backed by food delivery, Blinkit’s GMV growth: Kotak EquitiesKotak Institutional Equities has maintained a ‘buy’ rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage...
- ETSA 2024 | Quick commerce not impacting kirana stores: Zomato’s Deepinder GoyalThe cofounder and CEO of the food delivery platform said quick commerce is taking a slice of ecommerce platforms such as Amazon and Flipkar...
- Zomato Q1 Preview: Another strong quarter eyed with solid show across businessesFood delivery giant Zomato is expected to continue its solid performance, seen in the last few quarters, through to the April-June 2024 per...
- Zomato Q4 Results Preview: Steady earnings on cards after solid few quartersZomato Q4 Results Preview: In the previous quarter, the food delivery platform saw a remarkable surge in its net profit, skyrocketing nearl...
- Zomato Q3 Results Preview: Revenue seen growing 61% YoY; profit to improveAnalysts further see Zomato's quick commerce arm to show strong growth during the December quarter. Investors will keep an eye on the outlo...
- Flipkart leads ecommerce with 48% share, Meesho fastest growing platform: reportAccording to the report, Flipkart's user base grew 21% year-on-year (YoY), Meesho accelerated at 32% while Amazon lagged at 13% user growth...
- Zomato Q4 Preview: Losses to shrink marginally, expect tepid sequential revenue growthZomato is an online food delivery platform. The company is expected to report tepid sequential revenue growth for the quarter ended March, ...
- Swiggy trailed Zomato in first half of 2022 despite offering bigger discounts: Jefferies reportZomato’s quick-commerce business Blinkit also recorded a higher GMV than Swiggy’s Instamart over the same period, according to Jefferies.
- Why Zomato's Rs 4,447 crore Blinkit deal sent its shares tumblingZomato's proposed acquisition of Blinkit at an EV of $720 million will be 7.3 per cent dilutive for existing holders. But it would widen it...
- Zomato likely to sign Blinkit deal on June 17Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year.
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