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BLINKIT FINANCIAL PERFORMANCE
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...- No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
- IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- 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, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Eternal shares in stress on Q-comm cash burn questOnline delivery firm Eternal's stock dipped nearly 9% despite strong December quarter profits, driven by investor concerns over escalating ...
- ETtech Explainer: Eternal’s older bets hover near breakeven as newer ventures burn cashEternal’s December-quarter results show uneven performance across businesses. Blinkit and Hyperpure improved, helped by inventory ownership...
- Eternal soars 10% as Blinkit reports strong performanceEternal's shares soared over 10% despite a profit dip, fueled by positive management outlook and Blinkit's strong performance, surpassing m...
- Eternal share price target goes up to Rs 400! What brokerages said after Q1 resultsEternal shares: Excitement over India’s leading quick commerce player soared as the management adopted a notably upbeat outlook, a stark co...
- 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...
- Quick commerce majors are on a performance marketing spree nowWhile these platforms earlier spent Rs 400-450 for acquiring a customer, that has now increased to upwards of Rs 800, an executive at a dig...
- 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 sees Esop costs rising on grant of stock options to Blinkit leadershipCosts incurred under the Esops head are non-cash expenses, and will rise in the ongoing fiscal “on account of grant of Esops to the Blinkit...
- Fundamental Radar: Long-term growth prospects for Zomato intact despite ONDC entry, says Sneha PoddarThe management retained its long-term revenue growth guidance at 40%+ YoY on the back of continued strength in Blinkit performance that wil...
- Zomato says Blinkit disruptions had ‘no material impact’ on company's performanceET reported last week that around 100 dark stores operated by Blinkit in the Delhi-National Capital Region were shut following the quick-co...
- Blinkit Disruptions: Zomato sees no material impact on financial performance; stock jumps 4%"These disruptions and changes have no material impact on the operations /financial performance of the Company (meaningfully less than 1% r...
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