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BLINKIT DELIVERY RECORDS
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Stocks in news: Bajaj Finance, Eternal, Airtel, Maruti Suzuki, Adani PowerMarkets experienced a volatile session, closing weaker on Tuesday due to the monthly derivatives expiry. Analysts note the Nifty is attempt...
Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%Eternal Q4 Results: Eternal, operator of Zomato and Blinkit, announced strong financial results for the fourth quarter. The company saw a s...
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 ...
No timers for delivery workers: Zomato's Deepinder Goyal explains Blinkit’s 10-minute delivery promiseBlinkit founder Deepinder Goyal clarified the 10-minute delivery model, emphasizing it relies on system design, not rider speed. Orders are...
Besides food, users also searched for 'girlfriend' and 'dulhan' on Zomato in 2024In 2024, 4,940 people searched for 'girlfriend' and 40 users looked for 'dulhan' on Zomato. Delhi-NCR recorded 12.4 crore orders, surpassin...
After Ola, Kunal Kamra takes aim at Blinkit CEO over delivery partner wages on New Year eveOn New Year's Eve, Blinkit CEO Albinder Dhindsa’s post about record-breaking orders from the platform sparked a response from comedian Kuna...
Swiggy IPO: Here's how it stacks up against ZomatoSwiggy is in competition with Zomato in food delivery, quick commerce and dining out. Here’s how they stack up
Quick-commerce firms Zepto, Swiggy Instamart bring home the colour in a record Holi-daySales were led by Holi-related items such as colour (gulaal), sweets, pichkaris and flowers. Adjacent categories--white t-shirts, coconut o...
Delivery workers' strike shuts more than 100 Blinkit dark stores in Delhi NCRCustomers have been unable to place orders at the offline stores with the Blinkit app showing these locations as “temporarily unavailable” ...