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ZOMATO DARK STORES
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...- 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...
- 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...
- As mercury soars, e-commerce platforms step up measures to protect delivery workersIndian e-commerce and quick-commerce platforms are introducing measures to protect delivery workers from severe heatwaves. Companies are pr...
- 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...
- Heatwave impact: India Inc adopts WFH, safety stepsIndian companies are changing work practices due to severe heatwaves. Businesses are offering flexible hours and work-from-home options. Ou...
- Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder GoyalFood and grocery delivery firm Eternal has surpassed $10 billion in annual net order value from its B2C operations, a milestone achieved af...
- 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...
- JioMart network serves 1,200 cities through 3,100 stores: Reliance Retail CFO Dinesh TalujaReliance Retail hyperlocal commerce arm JioMart has built the widest network in the country, serving 1,200 cities through 3,100 stores, a m...
- 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...
- Flipkart’s fast lane frenzy; Zomato’s going EternalHappy Friday! Flipkart is doubling down on its quick commerce play ahead of its flagship Big Billion Days event. This and more in today’s E...
- JP Morgan bullish on Indian Q-commerce, predicts upside potential up to 50% for Zomato, SwiggyJP Morgan maintains "Overweight" ratings on Swiggy and Zomato with target prices of Rs 730 and Rs 340, citing attractive entry points. The ...
- Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges as biggest domestic investorZomato raised Rs 8,500 crore through QIP by issuing and allotting 33 crore equity shares at an issue price of Rs 252.62 per share. The comp...
- Zomato shares in focus as QIP launches with floor price set at Rs 265.91 per shareZomato share price: Zomato launches a QIP to raise funds. The company aims to expand Blinkit's footprint. Zomato plans to increase dark sto...
- 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
- Blinkit unit economics hit in July-September on back of investment ramp upBlinkit saw its adjusted Ebitda loss rise to Rs 8 crore in the three months ended September, from loss of Rs 3 crore in the April-June peri...
- 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...
- Blinkit looking to expand dark store count by around 40% over next 12 monthsBlinkit posted a revenue of Rs 301 crore in the third quarter ended December 31, 2022, up 28% quarter-on-quarter (QoQ), while gross order v...
- How Blinkit is integrating with Zomato’s Hyperpure after its long-awaited acquisitionBlinkit is expected to shut most of its own backend fulfilment warehouses and merge them with Zomato’s business-to-business restaurant supp...
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