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ZOMATO BLINKIT EXPANSION
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...- 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...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- 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...
- 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 shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
- 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 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Eternal's District dines out on growth, leaves Zomato behindEternal's going-out arm, District, showed strong growth in Q4FY26, surpassing its food delivery business. This highlights Eternal's strateg...
- 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 Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?Zomato is likely to report strong Q4 growth, with revenue rising about 180% YoY and profit up nearly 430%, driven by Blinkit’s continued mo...
- Pocket FM elevates Lalit Gangwar as COO to lead global operationsIn his new role, Lalit Gangwar will lead the company’s audio vertical as it expands internationally and oversee business operations and mon...
- Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
- Eternal extends leadership in both quick commerce & food delivery, Bernstein says citing 5 data pointsBernstein says Eternal dominates India’s e-commerce through Blinkit and Zomato, leading app downloads, market share, and user growth as qui...
- Blinkit gets Rs 1,500-crore cash boost from ZomatoThe cash infusion largely goes to cover Blinkit’s losses as it undertakes aggressive expansion and faces intense competition in the quick c...
- Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a signifi...
- Kotak sees Zomato shares rallying up to 26%, maintains buy ratingKotak Institutional Equities reaffirmed a "buy" rating on Zomato, maintaining a target price of Rs 275, citing strong food delivery margins...
- Zomato Q3 profit falls 57% on Blinkit spendingFollowing the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of trade on the NSE...
- Blinkit turns adjusted EBITDA positive in March as co aggressively bets on store expansionThe company highlighted that one of the key vectors for growth for the business will come through the store expansion. In the fourth quarte...
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