Zomato, Blinkit Unaffected By Strike Calls On NYE, Says Deepinder Goyal
Goyal notes that over 4.5 lakh delivery partners across both platforms delivered more than 75 lakh orders to over 63 lakh customers during the day
Goyal notes that over 4.5 lakh delivery partners across both platforms delivered more than 75 lakh orders to over 63 lakh customers during the day
Categories such as party supplies, gifting essentials, snacks and beverages, beauty, personal care and grooming and viral items including grapes saw high growth on the platforms
Zepto more than doubled FY25 sales to Rs 9,668.8 crore, while net loss widened to Rs 3,367.3 crore as competition intensified and the company prepared for an IPO.
A report notes that 4700BC and Act II control around 99 per cent of sales, leaving virtually no competitive long tail
Bloomberg report that Blink CEO Albinder Dhindsa says easy capital fades, startups face tough survival choices
The report states that brands that concentrate demand across fewer, high-velocity SKUs benefit from stronger inventory turns, better search visibility
The latest infusion takes the total to Rs 2,600 crore that Eternal has injected into the quick commerce arm this year
Zepto ends handling and surge fees, offering free delivery on orders above Rs 99 as competition intensifies in India’s quick commerce market.
Swiggy trims Q2 loss to Rs 10.92 billion as Instamart’s GOV doubles 108% YoY, driving 54% revenue growth and stronger platform profitability metrics.
The service is initially available in Delhi, Bengaluru, and Mumbai and will be rolled out in other major source markets in phases