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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.
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 ...
He attributed this maturity to the fact that Blinkit is owned by Zomato (now Eternal) and is therefore part of a larger business ecosystem. Vats pointed to several instances where Blinkit managed ...
He attributed this edge to Blinkit's parent company, Zomato (now rebranded as Eternal), which, in his opinion, provided a more organized and structured work environment. "Last week, I took on a ...
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.
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 ...
With Assure, Swiggy wants to revolutionise the “procurement process for HoReCa customers” — at least that’s what the Assure ...
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 ...
He attributes this to "Blinkit's integration within the larger Zomato (now Eternal) business ecosystem." Before diving deep, a brief note: While Zepto scores higher for its store conditions (based on ...
Swiggy is pricing in higher in higher risk in quick commerce (QC), it said adding that margin for Zomato's Blinkit will be under pressure in Q4. On BEL, Kotak said the defence PSU's ability to ...
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