The acquisition of Blinkit has been a game-changer, giving Zomato a foothold in the booming quick commerce. Blinkit’s rapid scale-up and Ebitda breakeven have strengthened Zomato’s financials.
This move comes as the company reportedly experiences slowing growth in food delivery and losses in its quick commerce unit, Blinkit. Zomato has also been using artificial intelligence (AI ...
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Eternal will comprise four major businesses (as of now) — Zomato, Blinkit, District, and Hyperpure. “…We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs (MCA), has ...
while Eternal will include Zomato, Blinkit, District, and Hyperpure. CEO Deepinder Goyal stated the name change reflects Blinkit's importance to the company's future. The corporate website and ...
losses in its quick commerce unit Blinkit and the adoption of AI to automate customer support tasks. The layoffs coincide with the recent launch of Nugget, Zomato's in-house AI-powered customer ...
Eternal comprises of four major businesses – Zomato, Blinkit, District, and Hyperpure The company had earlier said this rebranding is in line with its strategy to move beyond food delievery.
This move comes as the company reportedly experiences slowing growth in food delivery and losses in its quick commerce unit, Blinkit. Zomato has also been using artificial intelligence (AI ...
The reported layoffs came as the company faces challenges in its core food delivery business and rising losses in its quick commerce subsidiary, Blinkit. Zomato, the popular online food delivery ...
Chennai: Zomato has received shareholder approval for its decision to change its corporate name to Eternal. This decision has come after the company saw its quick commerce platform becoming a ...