Zomato shares tumble after it announces Blinkit acquisition

Jun 27, 2022

New Delhi [India], June 27 : Shares of food aggregator Zomato tumbled sharply on Monday after the company's Board of Directors approved a proposal...

Zomato shares tumble over 20 pc since it announced Blinkit acquisition

Jul 04, 2022

New Delhi [India], July 4 : Food aggregator Zomato announcement of the acquisition of instant delivery service platform Blinkit has not gone down well...

Zomato to acquire quick commerce company Blinkit for Rs 4,447 crore

Jun 24, 2022

Mumbai (Maharashtra) [India], June 24 : The Board of Directors of food delivery company Zomato Limited on Friday approved a proposal to acquire cash-strapped...

"Quick commerce" set to push India's gross order value to USD 10 bn by FY26

Sep 03, 2024

The growth trajectory of quick commerce is underscored by key players such as Zomato's Blinkit, Zepto, and Swiggy Instamart, which are set to reach...

CAIT releases white paper with allegations of unfair trade practices against quick commerce companies

Nov 13, 2024

raders industry body, the Confederation of All India Traders (CAIT) on Wednesday released a White Paper, raising serious concerns over the alleged practices of...

Zomato says majority of Blinkit stores which were shut have resumed ops

Apr 19, 2023

The food aggregator said over the past few days, it made changes in the delivery partners' payout structure with respect to the Blinkit business...