Mumbai: Zomato’s share price dropped to its lowest point on Tuesday in nearly six months, following weak Q3 FY25 earnings. The online food delivery giant’s stock marked the lowest price since July 23, 2024 as it dropped 13.33 per cent to Rs 207.80 per share. As of 12:52 p.m., Zomato’s shares were trading 8.88 per … Read more
New Delhi: Blinkit’s rival Zepto saw its expenses surge a whopping 71.6 per cent to Rs 5,747 crore in the last financial year (FY24), as the company clocked Rs 1,248.6 crore in losses. The return on capital employed (ROCE) for the quick commerce company stood at -119.3 per cent and its EBITDA margin was -23.81 … Read more
New Delhi: After listening to a user’s mother’s suggestion who had to pay for ‘dhaniya’ (coriander) on Blinkit while ordering veggies, Zomato’s grocery delivery platform has now started to offer ‘free dhaniya’ with vegetables. This move by the company has been much appreciated by a lot of users, however, they also asked to add ‘hari … Read more
New Delhi: Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report. While Zomato’s food delivery business is valued at Rs 98 per share, Blinkit’s “implied value” is at Rs 119 per share, or about $13 billion, according to the investment bank’s report. … Read more
Sony PlayStation 5 Slim on Blinkit Sony PlayStation 5 Slim comes in digital only and disc version. Customers can now purchase the gaming console on Blinkit and get the delivery in under 10 minutes. Sony has come a long way considering the PlayStation 5 was hard to get hands-on at launch due to limited stock … Read more
