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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 ...
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 ...
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 ...
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 ...
Blinkit. According to reports, the company had hired nearly 1,500 employees last year through its Zomato Associate Accelerator Program (ZAAP) to fill customer support roles. However, in recent ...
Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. The shareholders of Zomato passed a special resolution to approve change of name of the Company ...
Rinshul Chandra (L) is a close aide of Zomato founder Deepinder Goyal (R). In a major setbackf for Zomato, its Chief Operating Officer (COO), Rinshul Chandra, has resigned from the company.
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.
Zomato's job cut move comes as the food delivery and quick commerce firm is facing a slowdown in growth in its core food delivery business and rising losses in its subsidiary Blinkit. The company ...
Zomato which has moved beyond food delivery to expand into the cash guzzling quick commerce sector through its acquisition of Blinkit has reported a steep drop in consolidated profits to Rs 59 ...
Blinkit. According to reports, the company had hired nearly 1,500 employees last year through its Zomato Associate Accelerator Program (ZAAP) to fill customer support roles. However, in recent ...
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