Blinkit

The stock hit an intra-day low of Rs 199.75 and has corrected 34% from its 52-week high of Rs 304.50 on concerns around increasing cash burns in Quick Commerce.

Blinkit and Zepto are increasing commissions on sellers and brands to boost revenue amid fierce competition and rising costs, as both platforms push for profitability and market dominance

Quick commerce player Blinkit has started delivering Apple products, including MacBook Air, iPad and AirPods, within 10 minutes in select cities in India, its founder & CEO Albinder Dhindsa said on Thursday. In a post on X, he said consumers can now get MacBook Air, iPad, AirPods, Apple Watch, and other Apple accessories delivered in 10 minutes. "We've started delivering in - Delhi NCR, Mumbai, Hyderabad, Pune, Lucknow, Ahmedabad, Chandigarh, Chennai, Jaipur, Bengaluru and Kolkata," he wrote. In the quarter that ended December 31, 2024, the quick commerce business of Zomato incurred a Rs 103 crore loss largely on account of pulling forward the growth investments. In the letter to shareholders, Zomato stated that the company expects the losses in quick commerce business under Blinkit to continue in the near term due to the investments. While intensifying competition accelerated customer awareness and adoption of quick commerce, Dhindsa had noted that it led to a pause in margin ...

Professor Agrawal described the basic life support services provided to the patient in the ambulance before being brought to the AIIMS Trauma Centre

Flipkart is set to expand its quick commerce service 'Minutes', aiming for over 500 dark stores by 2025, positioning itself as a strong rival to Blinkit, Zepto, and Swiggy Instamart

Other Indian companies in the category were food and grocery delivery companies Zomato at number five and its competitor Swiggy at number nine, Zepto's rival Blinkit secured the tenth spot

Blinkit CEO Albinder Dhindsa said the q-commerce platform has partnered with Xiaomi and Nokia to deliver their bestselling range in parts of Delhi NCR, Mumbai, and Bengaluru

Zepto aims for 40 per cent domestic shareholding before its IPO; it is merging its Singapore parent with an Indian entity to relocate its domicile to India

Zomato Q3 results: Zomato, on Monday, reported a 57 per cent Y-o-Y fall in net profit at Rs 59 crore for the October-December quarter

The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been faster than their food delivery business

The app is available on Apple's App Store and is currently ranked 12th in the food and drinks section

NRAI has alleged that the introduction of standalone apps, Bistro and Snacc, by Zomato and Swiggy respectively is raising issues for restaurant partners

The NRAI is considering legal action and approaching CCI over Zomato and Swiggy's new 10-minute food delivery apps, citing anti-competitive practices and private labelling concerns

Commerce and Industry Minister Piyush Goyal on Friday said quick-commerce companies like Blinkit, which is launching a 10-minute ambulance service, must make sure that they meet the law of the land. Blinkit on Thursday launched 10-minute ambulance service in select areas of Gurugram as a pilot project. Users will be able to see the option to call for an ambulance on the Blinkit app, according to a company statement. "As regard Blinkit doing ambulance services or medicines being delivered, my only submission would be that they have to make sure that they meet the law of the land and whatever are the legal requirements should be properly taken care of. No laws of the land should be broken," Goyal told reporters when asked about the company's decision. Asked about issues raised by small retailers about quick-commerce or e-commerce firms, he said the government is monitoring that and the CCI (Competition Commission of India) has already taken actions in some cases and wherever the foun

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

While Swiggy Instamart recorded its largest order of Rs 70,325 from a user in central Goa, Blinkit reported an order worth Rs 64,988 from a Kolkata user

Zepto CEO Aadit Palicha shared interesting insights on user orders via social media

The big spenders hailed from Delhi and Dehradun, splurging over Rs 20 lakh each on Swiggy Instamart this year

In 2024, India's startup scene showcases a mix of triumphs and struggles, with innovative leaders like Zepto rising while giants like Byju's face significant challenges