Blinkit’s blistering growth has delivered a massive windfall for Eternal CEO Deepinder Goyal, whose net worth jumped by Rs 2,000 crore in just two trading sessions, as Eternal’s stock soared…
Shares of Eternal, the parent company of Zomato and Blinkit, soared nearly 15% on Tuesday after it reported strong quarterly revenue, reinforcing investor confidence in its fast-growing quick-commerce arm. Eternal…
Quick commerce is witnessing a massive growth in the country, as Indians spent Rs 64,000 crore on platforms like Blinkit and Instamart in FY25. This figure is more than double…
NEW DELHI: Eternal Ltd, formerly known as Zomato Ltd, the food delivery and quick commerce enterprise operating Zomato and Blinkit brands, announced on Thursday a consolidated net profit of Rs…
BENGALURU: Some quick commerce (10-minute delivery) players are now testing the waters in planned grocery purchases that the likes of BigBasket had pioneered. This shift is aimed at capturing household…
BENGALURU: The e-commerce landscape in India is witnessing a convergence where quick commerce delivery services meet online retailers in their distinct ways. Major players such as Flipkart and Amazon ventured…
MUMBAI: As more brands hop onto quick commerce platforms to reach a wider set of customers and tap into the growing instant shopping opportunity, it is nudging ecommerce companies to…
MUMBAI: The stock price of Avenue Supermarts, which owns DMart, fell 8.4% on Monday on the back of subdued performance in Q2. Stiff competition from quick commerce platforms like Blinkit,…
BENGALURU: Ride-hailing startup Rapido, which turned unicorn recently, is in talks with quick commerce startup Zepto and grocers Pincode and KPN to foray into the quick commerce delivery business, sources…
MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories - the domain of e-commerce companies- and enter smaller cities, getting…