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Zepto experiments with platform fees to boost profitability
Zepto, a quick-commerce firm, has been experimenting with platform fees alongside handling charges and delivery fees in order to enhance its profitability.The company is...
Baron Capital elevates Swiggy’s valuation to $12.1 Billion, marking 13% increase from previous fundraise
A fund overseen by Baron Capital Group, an asset manager headquartered in the United States, has increased the fair value of the food-delivery platform...
Quick-commerce sector on track to compete with e-commerce giants, says Glade Brook Capital Founder
The Indian quick-commerce sector might see expansion into a much wider array of stock keeping units (SKUs), bringing it closer to ecommerce in the...
Flipkart challenges Zepto and Blinkit with quick commerce expansion
The quick commerce sector is all set to heat up once again as India’s e-commerce giant is now eyeing the segment. Flipkart has started...
No rush to expand categories, grocery remains primary focus: BigBasket CEO Hari Menon
BigBasket, the online supermarket owned by Tata Digital, emphasized that it isn't in a hurry to expand its range of products. Its primary focus...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...
Quick commerce platforms Blinkit and Zepto expand into e-commerce, targeting fashion, beauty, electronics, and more
Two major quick commerce platforms, Blinkit owned by Zomato and Mumbai-based newcomer Zepto, are rapidly expanding into the realm of e-commerce. They are set...
Zomato’s bull run continues: Stock jumps 5%, setting new record peak
Foodtech major Zomato's stock soared by as much as 4.67 percent, reaching a fresh record peak of INR 173.45. This surge is attributed to...
Blinkit empowers franchise owners with new app for streamlined operations
Blinkit, the quick commerce marketplace, has launched the Blinkit Franchise App aimed at assisting its franchise owners across the country, as announced by a...
Quick-commerce unicorn Zepto launches Zepto Pass membership program
Zepto, the quick-commerce unicorn, is experimenting with a membership program called Zepto Pass.Priced at INR 99 per month, the membership offers unlimited free deliveries...
Zomato’s Blinkit set to ramp up e-commerce deliveries with diverse product range
Zomato may soon encounter competition from ecommerce giants such as Amazon and Flipkart as it delves into expanding its 10-minute delivery service, Blinkit, to...
Zomato hits new 52-week high with over 4% surge in shares
Continuing its upward momentum following the strong Q3 FY24 earnings, shares of the foodtech giant Zomato surged by as much as 4.59% during Thursday's...