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Zomato Net Loss Halves To Rs 186 Crore In April-June Quarter

During the quarter under review, the company's total income rose to Rs 1,582 crore against Rs 916.6 crore in the corresponding period of last year

01 August 2022

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Zomato's Shares Fall Over 6% After Announcing Blinkit's Acquisition

The stock declined 6.40 per cent to settle at Rs 65.85 on the BSE. During the day, it fell 7.53 per cent to Rs 65.05

27 June 2022

JioMart

Reliance Set To Enter Instant Grocery Delivery Service, To Take On Blinkit, Swiggy Instamart

The company is reportedly testing a separate app for express grocery deliveries as well as integrating it into the JioMart platform

29 March 2022

Zomato Planning Multiple-CEO Structure, Founder Deepinder Goyal Informs Employees

He also announced the creation of a larger entity called 'Eternal'  

01 August 2022

Zomato To Acquire Blink Commerce In Rs 4,447 Crore Deal

The company's board at a meeting held on Friday has approved acquisition of up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders for a total purchase consideration of Rs 4,447.48 crore at a price of Rs...

24 June 2022

Zomato had also invested $100 million in Blinkit for a 10 per cent equity in July last year.

Zomato-Blinkit Enter All Stock Merger Deal: Report

Blinkit, which was earlier known as Grofers is currently undergoing a severe cash crunch and has shut down approximately 40 dark stores, and laid off its employees across riders, pickers, and store managers in Mumbai,...

15 March 2022

Explained: What Is In Store For Zomato With Blinkit Acquisition

With the much-anticipated acquisition, Zomato has forayed into the quick commerce space—a segment that the online food aggregator had been eyeing for quite some time

28 June 2022

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Grofers Rebrands to 'Blinkit'

Online grocery delivery-app, Grofers rebranded itself into 'Blinkit', reflecting its endeavour of getting groceries delivered within ten minutes, synonymous with its vision of 'blink of an eye'.

13 December 2021

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