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BLINKIT GOV GROWTH
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...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
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...
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 Q1 Preview: Another strong quarter eyed with solid show across businessesFood delivery giant Zomato is expected to continue its solid performance, seen in the last few quarters, through to the April-June 2024 per...
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 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 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...
Zomato Q1 Preview: Losses expected to narrow; revenue may rise up to 60% YoYKey things to watch out in the first quarter would be orders and GOV growth for food delivery, trend in ordering frequency with resumption ...
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.