Food-Techie At Zomato
Deepinder Goyal’s strategy of investing in super brands such as Blinkit, as opposed to creating SuperApps, has reaped rich dividends.
quick commerce
October 2024
September 2024
June 2024
November 2023
September 2023
August 2023
April 2023
January 2023
iPhone 16 launches in India; these quick commerce players offer 10-minute delivery
Customers in Delhi and Mumbai can also opt for store pickup or home delivery when purchasing the new iPhone from Apple’s stores
Zepto raises $665 million at $3.6 billion valuation
Existing investors Glade Brook, Nexus, and StepStone co-led the round with Goodwater and Lachy Groom doubling down as well.
Zomato shares hit fresh 52-week high on strong Q2; zoom 170% in 9 months
Zomato reported a consolidated net profit of ₹36 crore in Q2FY24, compared with profit of ₹2 crore in June quarter of FY24 and a loss of ₹251 crore in Q2FY23.
Why fervour of quick delivery is ebbing
In India's bustling cities, traffic congestion has posed a serious problem to delays and inefficiencies in last-mile deliveries
Zepto becomes India's first unicorn of 2023; raises $200 mn at $1.4 bn valuation
Zepto aims to turn EBITDA (earnings before interest tax, depreciation and amortization) positive in the next 12 to 15 months.
No material revenue impact from Blinkit strike: Zomato
Most Blinkit stores have now resumed operations, says Zomato
Blinkit strike causes 1% revenue loss in 3-4 days: ICICI Securities
Blinkit delivery executives went on strike last week, demanding the rollback of recent changes made to delivery incentive structures in Delhi NCR.
Blinkit, Zepto, Instamart, JioMart, DMart: Jefferies orders groceries to find best discounts
Quick commerce players offer the lowest discounts due to their focus on convenience.
Dunzo, Blinkit, Zepto new distribution platforms for FMCG majors
According to a recent report by Nuvama Institutional Equities Research, 10% of HUL's ice cream sales in Q2 of FY23 came from quick commerce.
