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BLINKIT GOV
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...- 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...
- ETtech Explainer: Why is Swiggy stock tanking after its Q4 results?Swiggy's stock dipped 7% after reporting a 45% rise in Q4 FY26 revenue to Rs 6,383 crore and a narrowed net loss. Analysts cited a slowdown...
- Swiggy CEO Sriharsha Majety sees telecom parallels in qcomm frenzy, says strategic clarity is keySwiggy founder Sriharsha Majety emphasised that strategic clarity is crucial for survival during aggressive spending cycles, drawing parall...
- 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...
- Zepto gets Sebi nod for IPO; issue size pegged at Rs 8,000-9,000 crore: sourcesQuick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the nex...
- Swiggy’s quick commerce gross sales decline in March quarterSwiggy Instamart's gross order value saw its first sequential decline in the March quarter, dropping 0.7% to Rs 7,881 crore, though it stil...
- 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...
- Quick commerce turning to reset lane as profit push tempers growth metricsAfter several quarters of breakneck expansion, quick commerce majors Blinkit and Instamart are expected to report moderation in growth in t...
- Intense quick commerce competition ahead? UBS cuts Eternal, Swiggy’s target prices but sees attractive valuationsUBS reduced its FY27-29 quick commerce NOV estimates by 7-11% for Blinkit, and GOV estimates by 17-22% for Instamart.
- 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...
- Where does Zepto’s GOV stand in front of rivals?Zepto's GOV is set to surpass Rs 2,400 crore in May, up 220% year-on-year, with an annualised run rate of $3.4 billion. It trails Blinkit's...
- Blinkit’s GOV runs neck and neck with Zomato’s food delivery in Q4A year ago, Blinkit’s GOV was half of Zomato’s. Meanwhile, Zomato's parent, Eternal, has introduced a new metric for its B2C segments—food ...
- Zomato logs fourth straight quarter of profit at Rs 175 croreFood delivery platform Zomato on Monday reported a consolidated net profit of Rs 175 crore for the quarter ended March 31, 2024, as against...
- Blinkit turns adjusted Ebitda positive in March; eyes 1,000 dark stores by FY25 endBlinkit, a quick-commerce platform owned by Zomato, is on the path to profitability. The company achieved positive adjusted Ebitda for the ...
- Blinkit contributes more to Zomato’s market cap than its food delivery biz: Goldman SachsBlinkit boosts Zomato's value surpassing its food delivery business. Blinkit’s implied value is Rs 119 per share, while Zomato’s food deliv...
- Blinkit quarterly contribution margin turns positive first time everFor Blinkit, contribution counts as revenue minus costs like store operation expenses, delivery costs, wastage and packaging costs, among o...
- Blinkit turns contribution positive in Q2; GOV rises 86% YoYThe quick commerce company bounced back with a 29% quarter-on-quarter gross order value (GOV), growth following tepid growth in Q1FY24, due...
- Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder GoyalBlinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato.
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