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BLINKIT PRIVATE LABELS
Eternal’s Q2 profit rises; SBI flags customer data leakEternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.- Blinkit sees no compelling case for expanding private labels, says DhindsaAlbinder Dhindsa, CEO of Eternal, voiced skepticism regarding the potential for private labels to enhance profit margins. He emphasised tha...
- Instamart says one in 10 baskets contains Noice products, announces expansion“At Instamart, we're building a differentiated, high-quality assortment that consumers can trust and brands can grow with. Noice is key to ...
- Flipkart Minutes sees path to profitability, plans 100 new fulfilment centres every monthWith its sights set on aggressive growth, Flipkart Minutes is swiftly enhancing its operations and bolstering financial results. The initia...
- A French giant heads back to India after 12 years with bigger betsCarrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This time, the French retailer is betti...
- The snack twist to India’s three meals a day has a ₹1 lakh crore hidden opportunityIndia's culinary habits are shifting, with a marked preference for convenient and health-conscious snack choices over traditional meals. Th...
- 'Desi' Swiggy bets on Instamart model shift, mirroring main rival BlinkitSwiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potenti...
- Swiggy’s Rs 60,000 crore breakeven challenge: Can Instamart grow without restarting the cash war?Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the...
- ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
- Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
- 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...
- Zomato and Blinkit parent Eternal's board clears plan to cap foreign ownership at 49.5%The company said that the Indian-Owned-and-Controlled Company (IOCC) will enable Blinkit to improve its margins -- particularly in fragment...
- ETtech Explainer: Why is Zomato parent Eternal capping foreign ownership at 49.5%?By becoming a majority Indian-owned company, the parent of Zomato and Blinkit becomes an Indian-owned-and-controlled company (IOCC) under I...
- NRAI to approach CCI over "private labelling" by Zomato, SwiggyThe National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India regarding Zomato and Swiggy's all...
- Restaurants body eyes legal challenge against 10-minute delivery appsThe National Restaurant Association of India (NRAI) plans to pursue legal action against Zomato-owned Blinkit and Swiggy for launching stan...
- FHRAI writes to govt; calls for urgent intervention alleging concerns over food delivery platformsThe FHRAI, representing hotels and restaurants, has accused Zomato and Swiggy of violating e-commerce regulations through private-label ven...
- Restaurant body NRAI to approach CCI against Zomato, Swiggy over 10-minute food delivery appsZomato-owned Blinkit and Swiggy recently launched standalone apps named Bistro and Snacc, respectively. The National Restaurant Association...
- 2022 Year in Review | Quick commerce returns to realityBut as the year progressed, quick commerce companies slowly returned to reality as investors turned bearish amid rising inflation, followed...
- Exclusive: Flipkart launches 45-minute grocery delivery, to scale up operations next monthThe country’s leading ecommerce platform plans to scale up the 45-minute grocery delivery service known as Flipkart Quick to more cities ne...
- Swiggy’s Instamart, Zepto want to tap private labels to improve margin, lower cash burnPrivate label products are goods sold by retailers under their own brand names. Many brick-and-mortar retailers and ecommerce companies hav...
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