Page 6 - Blinkit

Zomato tanks 14% in 2 days post Q3; analysts cut earnings, target estimates

Zomato Q3 results: Zomato, on Monday, reported a 57 per cent Y-o-Y fall in net profit at Rs 59 crore for the October-December quarter

Blinkit, Instamart, Zepto witness sharp GOV surge in quick commerce

The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been faster than their food delivery business

Blinkit launches 10-minute food delivery app 'Bistro' across Gurugram

The app is available on Apple's App Store and is currently ranked 12th in the food and drinks section

Swiggy, Zomato slips up to 4%; is 10-minute food delivery raising concerns?

NRAI has alleged that the introduction of standalone apps, Bistro and Snacc, by Zomato and Swiggy respectively is raising issues for restaurant partners

NRAI set to approach CCI over Zomato and Swiggy's 10-minute delivery apps

The NRAI is considering legal action and approaching CCI over Zomato and Swiggy's new 10-minute food delivery apps, citing anti-competitive practices and private labelling concerns

Piyush Goyal asks Blinkit to follow applicable laws for 10-min ambulance

Commerce and Industry Minister Piyush Goyal on Friday said quick-commerce companies like Blinkit, which is launching a 10-minute ambulance service, must make sure that they meet the law of the land. Blinkit on Thursday launched 10-minute ambulance service in select areas of Gurugram as a pilot project. Users will be able to see the option to call for an ambulance on the Blinkit app, according to a company statement. "As regard Blinkit doing ambulance services or medicines being delivered, my only submission would be that they have to make sure that they meet the law of the land and whatever are the legal requirements should be properly taken care of. No laws of the land should be broken," Goyal told reporters when asked about the company's decision. Asked about issues raised by small retailers about quick-commerce or e-commerce firms, he said the government is monitoring that and the CCI (Competition Commission of India) has already taken actions in some cases and wherever the foun

Blinkit ups quick commerce game, announces 10-minute ambulance service

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

New Year's Eve 2025: Blinkit, Zepto, Swiggy Instamart hit record orders

While Swiggy Instamart recorded its largest order of Rs 70,325 from a user in central Goa, Blinkit reported an order worth Rs 64,988 from a Kolkata user

New Year's Eve order frenzy: Ice cubes, condoms, chocolates among top items

Zepto CEO Aadit Palicha shared interesting insights on user orders via social media

From toys to electronics and gold: Indians shift to quick 10-minute orders

The big spenders hailed from Delhi and Dehradun, splurging over Rs 20 lakh each on Swiggy Instamart this year

Unicorn boom or bust: India's best and worst performing startups in 2024

In 2024, India's startup scene showcases a mix of triumphs and struggles, with innovative leaders like Zepto rising while giants like Byju's face significant challenges

Zomato m-cap pips that of Tata Motors, Bajaj Auto; analysts stay bullish

Zomato share price: Thus far in the calendar year 2024, Zomato share price has more-than-doubled investors' wealth as they have zoomed 135 per cent

Race for instant food heats up: Blinkit launches Bistro to rival Zepto Cafe

Blinkit, the quick-commerce grocery subsidiary of Zomato, launched its new app, Bistro, on the Google Play Store a day after Zepto unveiled Zepto Cafe

Amazon to enter quick commerce race with 15-min delivery trial in Bengaluru

This initiative marks Amazon's first venture into offering a 15-minute delivery service globally; the initial rollout will include 1,000-2,000 products

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses offset gains from reduced contribution margin losses

Flush with funds, qcom firms Swiggy, Zepto, Blinkit focus on expansion

While announcing its September quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion

Flipkart's 10-minute medicine delivery to shake up online pharmacy market

Flipkart to launch 10-minute medicine delivery under its 'Flipkart Minutes' service, partnering with local chemists to tap into quick commerce and expand its online pharmacy footprint

Swiggy Instamart wins quick commerce race with 8-minute delivery: JPMorgan

Swiggy Instamart surpassed its 6-minute delivery promise, achieving a median delivery time of just 8 minutes across the top four Indian cities, the fastest among its peers

Amazon India advances qcom venture 'Tez' launch, likely by late Dec

Amazon had planned to introduce the service in the first quarter of 2025, but the timeline has reportedly been expedited with the launch scheduled for this year-end or early 2025

After 10-minute deliveries, quick commerce firms test flash return services

Just last week, Blinkit rolled out 10-minute returns and exchanges for clothing and footwear in select cities, while Swiggy Instamart and Zepto are reportedly exploring similar features to keep up