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BLINKIT PAYOUT STRUCTURE
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...- 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...
- We’re not perfect, open to inputs from government: Zepto’s Palicha after meeting labour minister MandaviyaAfter meeting Union labour and employment minister Mansukh Mandaviya, the Zepto cofounder said the quick commerce company supports governme...
- Quick commerce riders unaware that 10-minute delivery claim has been removedA day after quick commerce companies revamped their apps to remove the 10-minute delivery claim, the gig workers at the centre of this issu...
- Eternal says no material change to Blinkit business as quick commerce firm drops 10-minute delivery brandingResponding to a notice by the exchanges following the government asking platforms to discontinue 10-minute delivery branding, Eternal said ...
- Quick commerce showering gig workers with festive incentives to make them stayQuick commerce platforms are rolling out fresh incentives for delivery workers to gear up for festive season, anticipating a surge in order...
- Quick commerce firms face delivery partner crunch amid rising demandQuick commerce faces challenges in hiring delivery partners. Demand is rising, and companies like Amazon are joining the market. However, a...
- Zomato shares rally 8% amid large volumesZomato has been swamped with multiple concerns over its Blinkit business after the quick-commerce platform’s delivery executives went on a ...
- Fresh trouble for Blinkit as over 1,000 riders join rivalsEarlier this month, Zomato-owned Blinkit had announced that it would pay delivery executives a minimum of Rs 15 per trip with a distance-ba...
- Zomato says Blinkit disruptions had ‘no material impact’ on company's performanceET reported last week that around 100 dark stores operated by Blinkit in the Delhi-National Capital Region were shut following the quick-co...
- Blinkit Disruptions: Zomato sees no material impact on financial performance; stock jumps 4%"These disruptions and changes have no material impact on the operations /financial performance of the Company (meaningfully less than 1% r...
- ETtech Unwrapped: Gig workers versus Blinkit, and other top stories this weekEven for Blinkit, the change in payout structure was the straw that broke the camel’s back with delivery executives telling us that they ha...
- Delivery workers' strike shuts more than 100 Blinkit dark stores in Delhi NCRCustomers have been unable to place orders at the offline stores with the Blinkit app showing these locations as “temporarily unavailable” ...
- Blinkit strike: Zomato-owned company tells riders it is shutting some Delhi-NCR stores permanentlyBlinkit riders across some stores in Gurgaon and in some Delhi-based stores said that they had received a message on the Blinkit delivery p...
- Rivals gain as Blinkit riders continue strike in NCROrders have surged 40% at Zepto, a top industry executive said, while two people associated with Swiggy said daily orders had jumped more t...
- Why is Blinkit showing ‘temporarily unavailable’?Zomato-owned quick commerce platform Blinkit is facing opposition from its delivery partners for lowering the payout for every delivery. Th...
- Zomato-owned Blinkit to lose about 1% revenue due to delivery workers' strike: ICICI SecuritiesA research note from ICICI Securities adds that the tweak in the payout structure for delivery executives will help Zomato rein in costs.
- Problem isn’t Rs 15 payout: Ashneer Grover reveals the real reason behind Blinkit/Zepto issues“BlinkIt / Zepto - problem is not ₹15 for delivery against ₹50,” Ashneer Grover tweeted. “Problem is 10 Min delivery has no economics - low...
- Infosys forecasts lowest revenue growth in six years; FirstCry's secondary share sale at $3 billionIndia’s second-largest software exporter, Infosys has forecast a revenue growth of 4-7%, its lowest guidance in over six years. This and mo...
- Blinkit delivery workers protest in Delhi-NCR over changes in pay structurePeople aware of the development said delivery partners will now be paid a minimum fee of Rs 15 per delivery, down from Rs 25 earlier. In ad...
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