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Quick Commerce Soars in 2024: Food, Fashion, and Medicines Lead the Charge
The year 2024 marked a pivotal shift in the quick commerce and last-mile delivery landscape across India. From food and fashion to medicines, a...
Zomato Faces Rs 95 Crore Increase in Losses and 14% EBITDA Decline, Sticking to Expansion Plans
Zomato, the food delivery leader, is preparing for a challenging year ahead as it forecasts continued losses in the near future. CEO Deepinder Goyal...
Zomato’s Blinkit Shifts Focus to Smaller Cities with New Dark Store Expansion
Blinkit continues to drive a significant portion of its revenue from major cities, but Zomato is now shifting focus to smaller cities, planning to...
Zomato’s Q3 FY25 Net Profit Plunges 66% Despite 13% Revenue Expansion
Zomato Ltd reported a net profit of ₹59 crore for Q3 FY25, marking a significant decline of 66.5% quarter-on-quarter (QoQ) from ₹176 crore in...
Innisfree’s Exciting New Collaboration with Blinkit: Instant Delivery of Sustainable Skincare to Your Doorstep
In a bid to make skincare shopping even more convenient, South Korean skincare giant Innisfree has joined forces with Blinkit, India’s leading Quick Commerce...
Shashwat Goenka’s Vision: Spencer’s JIFFY Set to Transform Retail
Spencer’s Retail, part of the RP Sanjiv Goenka Group, made its debut in the quick commerce space on Thursday with the launch of JIFFY,...
Food’s Old News: Quick Commerce is the New $3 Billion Cash Cow for Zomato and Swiggy
Quick commerce heavyweights like Zomato’s Blinkit, Swiggy’s Instamart, and Zepto are witnessing explosive growth in their gross order value (GOV). Zepto, in particular, announced that...
Blinkit Gets a ₹500 Cr Boost: Zomato’s Deepinder Goyal Takes on Swiggy’s Sriharsha and Zepto’s Aadit
Gurgaon-based Zomato has injected ₹500 crore into Blinkit, its quick commerce division, according to a recent filing with the Registrar of Companies (RoC).This latest...
Deepinder Goyal’s Veg Tax U-Turn: Zomato CEO Responds to Online Outrage
Zomato’s CEO, Deepinder Goyal, recently addressed an issue that sparked a debate online: an extra fee being charged for vegetarian meal deliveries. The controversy...
FHRAI Strikes Back: Zomato and Swiggy Accused of Using Restaurant Data to Rip Off Competitors!
The Federation of Hotel & Restaurant Associations of India (FHRAI), representing over 60,000 hotels and 500,000 restaurants, has formally requested an immediate meeting with...
Swiggy Scores Big with New Sports Arm: A Bold Move into Team Ownership and Event Management
Swiggy, the prominent foodtech company, has received approval from the Ministry of Corporate Affairs (MCA) to establish a new sports-focused subsidiary, Swiggy Sports Private...
PhonePe Dives Into Quick Commerce: Can Pincode Compete with Blinkit and Zomato?
PhonePe, the Walmart-backed payment giant, is diving into the quick commerce sector with its e-commerce platform, Pincode, as per a recent report. This marks...