Blinkit CEO says Bistro does not use Zomato data - Industry News …
10 hours ago · Zomato will not launch private labels and Blinkit’s quick food delivery platform, Bistro, operates independently without using any data from its Gurugram-based parent, Blinkit CEO Albinder ...
Zomato will never launch private brands on the app to
16 hours ago · As the National Restaurant Association of India (NRAI) plans legal action against Swiggy and Zomato over the launch of their private-label food apps, Albinder Dhindsa, the CEO of Zomato’s Blinkit has said that Zomato will never launch private brands on Zomato app to compete with its restaurant ...
Zomato’s losing steam and the Blinkit drag | Stock Market News
2 days ago · Zomato's remarkable growth trajectory is now at a crossroads as it battles profitability issues and fierce competition. With Blinkit becoming a significant part of its revenue, the pressure to ...
Blinkit CEO responds to restaurant body concerns on 10-minute …
17 hours ago · Blinkit CEO Albinder Dhindsa said that its parent firm Zomato will never launch private brands on the main app to compete with its restaurant partners. He said this while introducing its 10-minute food delivery app Bistro. Dhindsa’s comments follow concerns raised by top restaurant body National Restaurants Association of India (NRAI), which flagged apps such as Bistro and Swiggy’s Snacc.
Bistro's Impact on Food Delivery - Gizbot
14 hours ago · In an effort to delineate its operations from its parent company Zomato, Blinkit has introduced Bistro, a new venture focusing on quick food delivery. CEO Albinder Dhindsa emphasized the ethical ...
Blinkit launches 10-minute food delivery app 'Bistro' across …
6 hours ago · Zomato-owned Blinkit has launched Bistro, a 10-minute food delivery app. The quick food delivery service is being rolled out across Gurugram as a pilot project. The app is available on Apple's App Store and is currently ranked 12th in the food and drinks section. Albinder Dhindsa, CEO of Blinkit ...
Zomato shares may rise 22% backed by food delivery, Blinkit’s …
1 day ago · Kotak Institutional Equities has maintained a ‘buy rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage forecasts a 19% YoY growth in Zomatos food delivery GMV and a 114% growth in Blinkit GMV. While Blinkit's expansion may lead to widening EBITDA losses, its strong unit economics continue to support long-term growth potential.
Blinkit Takes Off: How Zomato’s Quick Commerce Bet Delivered …
May 13, 2024 · After a watershed FY24, Zomato's quick commerce platform seems to have turned around its story and fortunes with a huge spike in revenue. Blinkit reported total revenue of over INR 2,300 Cr...
Goldman Sachs says Blinkit now more valuable than Zomato's …
Apr 26, 2024 · Goldman Sachs has valued Blinkit at Rs 119 per share, which is higher than Zomato's core food delivery business valued at Rs 98 per share. Zomato had purchased Blinkit for $568 million in 2022.
Zomato’s quick commerce unit Blinkit eclipses core food …
Apr 25, 2024 · Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s...
- Some results have been removed